How many people have paid this overcharged Capital Gains Tax (CGT)?
Placing an actual figure on the amount of people affected by this is very difficult, as the Spanish Government has not yet disclosed this information. However, one of the UK’s leading currency specialists, HiFX, believes that thousands of British people are affected, plus thousands more residents in other European countries, each paying an estimated average of 47.500 € (£37,000 approx.) in capital gains, having sold property in Spain over the 4 year period. 2.
