Capital Gains Tax

HMRC Reassures Buy-to-Let Landlords

An unannounced amendment to the Finance Bill, under which gains from certain property disposals will be charged to income or corporation tax rather than capital gains, should not adversely affect buy-to-let investors, according to the National Landlords Association. The government…
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Entrepreneur’s Relief Rules Change

The Government appears to have taken note of concerns over retrospective taxation and amended the Finance Bill 2016 in an attempt to remove the possibility in certain circumstances. Entrepreneurs’ relief was introduced by the Treasury as an incentive to entrepreneurship…
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Budget March 2016: Thoughts on Capital Gains Tax

A major theme of the March 2016 Budget has been to differentiate between gains realised on different categories of assets. The 10% and 28% rates remain and a new 20% rate is born but alongside some seismic shifts in who…
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Autumn Statement 2015 & Deeds of Variation

A Review of the role of Deeds of Variation was announced in the March 2015 Budget speech. Deeds of Variation have been with us for generations. They assist with the straightforward and efficient administration of estates, acting as ‘oil in…
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AUTUMN STATEMENT 2015: Capital Gains Tax Changes

From April 2019, a payment on account of any capital gains tax due on the disposal of residential property will be required to be made within 30 days of the completion of the disposal. This will not affect gains on properties which…
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