In the United Kingdom, when you sell an inherited property, you may be subject to capital gains tax (CGT). CGT is a tax on the profit made from selling an asset. The amount of tax owed depends on various factors, such as the property's value at the time of inheritance and the length of ownership. Seeking professional advice is recommended to understand your specific tax obligations. For more information visit us https://inheritance-tax.co.uk/....area/inheritance-tax
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