Thirty Days to Pay Capital Gains Tax – The Latest Tax Attack on Small Landlords from a Government that Prefers Big Business

Thirty Days to Pay Capital Gains Tax Landlords of residential property should be aware of new tax deadlines for capital gains tax which mean they have just thirty days to pay it. Starting from April 6th 2020, the deadline by which owners with taxable capital gains on residential property will reduce from up to 22 months to just thirty days […]

Read more

Capital Gains Tax Reduction for Landlords Selling to Tenants

Capital Gains Tax Reduction for Landlords Selling to Tenants Chancellor Philip Hammond is said to be considering handing a capital gains tax break to landlords who sell their buy-to-let properties to long-term tenants in his budget this month. The proposals were put forward by “Onward”, (the rather silly-named Conservative think tank). The idea is that landlords could be made exempt […]

Read more

Why British Citizens Are Second Class Citizens for Capital Gains Tax

David Lawrenson, of property consultancy www.LettingFocus.com says British citizens are being treated like second class citizens when it comes to property tax. If you were following the recent mini statement from Chancellor George Osborne last week you will have heard how overseas investors in our residential property markets will now have to pay capital gains tax – just like they […]

Read more