CGT letting relief restriction

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.
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.
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 government is currently consulting on important changes to private residence relief that are likely to be introduced from 6 April 2020.
The Pension Annual Allowance tax charge depends on the individual’s marginal rate of tax. The deadline to pay HMRC is 31st July 2019 for the 2018/19 tax year. Read on to learn how the rates are calculated.
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