Whether a property is residential or commercial for the purposes of Capital Gains Tax (CGT) has an impact on both the timing of the tax due on its disposal and the rate at which it is charged. In a ...
Read MoreWhen purchasing a second home, owners are compelled to pay an additional 3% stamp duty land tax (SDLT) on top of the normal SDLT rates applicable to their homes. If however, the second property ...
June 17, 2020
by Danica Owen-Davidson
in
property tax
,
disposal of UK property
,
COVID-19
,
stamp duty
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Finance Bill 2019-20 confirms expected changes to Private Residence Relief and lettings relief
July 12, 2019
by Sophia Passingham
in
property tax
,
disposal of UK property
,
capital gains tax
,
rental property gains
Read More