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Can CGT be deferred in this instance?

Posted 27 February 2014

As a pensioner I have sold 2 flats that were getting too difficult to manage long distance. I have re-invested the proceeds in ETFs. Both these instruments were/are meant to be sources of retirement income. Do I have to pay CGT or can it be deferred until I draw from my ETFs?

TaxTim Marc TaxTim Marc said:
27 February 2014 at 14:34

Unfortunately not. You would need to have reinvested in other properties in order to delay the CGT effects.

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