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Liz Delaney

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Everything posted by Liz Delaney

  1. Hi we have recently (3rd January) sold our french house, and have been told that we are unable to claim for any materials which I purchased during the renovation (which friends and family undertook), and consequently cannot offset a single receipt. We owned the house for 5 years, and we are UK residents paying UK taxes. When we began the project we were advised that the cost of any work undertaken to improve the property would be able to be offset by using the materials receipts and multiplying by 3 (I think), however the french legislation has been amended and it seems now that we cannot expect to offset a single euro of the renovations to reduced the 16% CGT to paid on the difference between the original purchase price and the sale price. I have found the notary to be difficult to deal with and she has not explained in full the revised legislation surrounding CGT. Can anyone help me to recoup any of these costs. Grateful for any advise whatsoever Liz
  2. Hi I have recently experienced the same problem, and have been told that I am unable to claim for any materials which I purchased during the renovation, and consequently cannot offset a single receipt. Do you know if this is now the french law? I have found the notary to be difficult to deal with and she has not explained in full the revised legislation surrounding CGT. Grateful for any advise Liz
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