Posted: Sun Sep 26, 2021 11:34am
I'm not sure you can do anything about that, I'm afraid. In that, you must have been given a copy of this with the breakdown of the payment at the time and presumably if you agreed to it any signed your agreement, that is final. I may be wrong, no harm in asking a second solicitor for their opinion but it does seem to me quite common to break the payment down so the capital gains tax is less for the person selling. So it may have been intentional, not an error.
So if I am understanding this right, it may be your brother you need to discuss this with, because he would have underpaid capital gains tax on the share he sold to you because of the way the money was categorised? Apologies if I have got this all wrong.
if you do go to see another solicitor I would advise being very polite about it all and certainly not accusing your previous solicitor of negligence, just ask for advice. Because in my opinion a lawyer is unlikely to want to deal with a case that might be against one of their colleagues.