Abbey Independent Inventories

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TAX PAYABLE ON PROFITS MADE ON THE SALE OF CERTAIN TYPES OF ASSETS BY A COMPANY OR INDIVIDUAL

Article by guildy | 27 Sep 2019 | 2020, New LegislationLandlords Urged to Sell Now to Beat Higher CGT BillsBuy to let landlords who have rented out a home where they once lived are urged to sell up quickly to avoid higher tax bills.Capital gains tax rules are due to change from April 6, 2020 that will take a larger bite from their sell-on profits.CGT will impact landlords selling homes by –Scrapping lettings relief that allows each owner to ringf...
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