Sale of Property & Shares >> Sale of an Option or Contract over a Property

Tags: Options, contracts, selling on

There are two separate situations here.
One is the sale of an option and the other the selling on of a contract.
The rules for dealing with options are quite complex and we deal with same by way of consultation only. An additional charge will arise.
The selling on of a contract may be relatively straightforward. Any profit made may be liable for Capital Gains Tax at 25%. Our calculator for dealing with an outright sale can be used to determine the gain if any arising. Where an individual is involved in numerous sellons the profits made could be charged to income tax.
We can provide more detailed advice on this area by way of consultation and an additional charge will arise.

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