PROPERTY TAX  
 
 

10 March 2010

‘Holding your hand through the letting and selling of property’

Many clients have property portfolios in the buy-to-let residential property market or have inherited a property. Capital gains tax planning for a sale is a critical part of owning property. Frequently asked questions are

  • Will property be liable to capital gains tax on sale?  What is the rate: 40%, 20%, 18% or 0%?
  • What reliefs can I claim for capital gains tax?
  • What expenses can I claim against my rents?
  • How do I report rental income and expense?
  • What can I do with the loss?

If these sound familiar, call us and we can help.


 

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