Articles Tagged ‘CGT’

CGT letting relief restriction

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Currently letting relief provides up to a £40,000 deduction in computing the capital gain on the disposal of a property that was at some time the taxpayer’s main residence.

Read on to see how it works. 

CGT private residence relief changes

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Draft legislation to be included in the next Finance Bill will make important changes to the calculation of CGT private residence relief. 

Read on to find out more. 

The OTS Review of Capital Gains Tax

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In July 2020, the chancellor Rishi Sunak wrote to the Office for Tax Simplification (OTS) and requested that a review of the capital gains tax system be undertaken to offer advice as to how it could be simplified and to ensure it is fit for purpose. Read our latest article below to find out the results...

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