Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 3 weeks ago 35
My wife and I are looking to buy my in-laws home as they are looking to downsize. Is it possible to pay them less than their asking price for the house (thus reducing stamp duty) and pay the rest as a cash lump sum?
If so what would be the tax implications for them in terms of income tax?
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