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Latvia CGT
Alex (PRO Member) Latvia CGT
Posted: May 24 07 16:50
Total Posts: 5
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Andy, I know that PS won't give other memebers contact details, however, i would hope they will allow details of accountants etc to be posted. I am fairly sure this happens quite regularly on the forum. Also, i fully understand that you are not qulified to give advise but an expression of your understanding of a situation i would hope is acceptable. Cheers. Alex.

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Andy (PRO Member) Re:
Posted: May 24 07 17:29
Total Posts: 25
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Ok well my accountant is Asta Jaruseviciene. She is Managing Partner of the Baltic Accountancy firm 'FMG'. You can mail her on: **REMOVED ** If you tell her you came via myself you should get a response. The basic situation that any properties registered in the land book from this month must be help for a minimum of 3 years to be free from CGT. It used to be 1 year. This legislation is not retrospective - i.e. if you bought property before this time then the previous 1 year only rule applies. For those people with a second property in Latvia, the stamp duty payable increases from 1% to 3%. There is also an increae in land book charges. These are the most significant changes. Thanks Andy Knell

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Alex (PRO Member) Latvia CGT
Posted: May 25 07 13:29
Total Posts: 5
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Andy, That's really useful info. Thanks indeed. Alex.

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David Busby (Lite Member) Personal Details
Posted: May 25 07 13:55
Total Posts: 5
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Andy, please be aware that the forum terms do not allow the posting of personal contact details. As such your post has been edited The forum terms are available here: http: / /www .propertysecrets .net /forum _terms .html Regards D.Busby

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Andy (PRO Member) Re:
Posted: May 25 07 19:39
Total Posts: 25
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Hi David, I am aware of the terms and conditions of the PS website and forum as you will see from my comments in the above thread. However, I suggest that PS consider reviewing its terms and conditions to provide certain exceptions. I do not see there being any problem in providing the details of a legitimate accountant specialising in a certain market. Unless we (the members of this forum) are IFA qualified or equivalent, then we should not be advising / commenting on this type of information. I would appreciate a word from Neil in this regard. Thanks Andy

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PD (PRO Member) CGT
Posted: May 25 07 22:01
Total Posts: 4
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Hi Andy Thanks for the info, very very useful PD

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Nic (PRO Member) But wrong, I think
Posted: May 26 07 09:34
Total Posts: 3
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Latvia stamp duty was always 2%, not 1% - that's what I paid anyway! Nic

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Andy (PRO Member) Re:
Posted: May 26 07 12:54
Total Posts: 25
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Yes your right its 2% of sale value - hopefully that demonstrates the point about getting advice from an accountant. :)

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