Ive sold my home in the Uk and moved into my French house which is now my main residence. I have owned the house since 2003 but now want to sell it and buy a larger house, but my estate agent tells me, or trys to explain to me(!) that TVA is payable on the capital gain. I thought this was only the case if the house was not your primary residence. Also, I paid TVA on the purchase price originally. I wonderd if anyone had any ideas on this.
Selling new house less than 5 years old and the TVA payable?
in French Legal Issues
Posted
Hi there.
Ive sold my home in the Uk and moved into my French house which is now my main residence. I have owned the house since 2003 but now want to sell it and buy a larger house, but my estate agent tells me, or trys to explain to me(!) that TVA is payable on the capital gain. I thought this was only the case if the house was not your primary residence. Also, I paid TVA on the purchase price originally. I wonderd if anyone had any ideas on this.
Many thanks