Capital Gain Tax UK

Capital Gain Tax changes for residential buy to lets Landlords

There are three new tax reforms which were announced in the 2018 Budget and which are due to be introduced on 6th April later this year. The changes could have big implications for landlords and the amount of Capital Gains Tax (CGT) payable if they decide to sell a rented property which they’ve lived in at some point during their ownership. First of all Lettings relief will be limited to properties where the landlord lives …

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