Will Delayed House Sale Mean CGT Bill?
Since 6 April 2020 letting relief has been restricted. It is only available if you qualify and have made a claim forPrivate Residence Reliefon your main residence and you’ve let part of that main residence. Letting relief does not apply where the whole of the dwelling house was let for ...
It is expected the government will borrow £394bn this year, or the equivalent of 19 per cent of GDP – the highest level of borrowing in the UK’s peacetime history. Tim Holmes, managing director at Salisbury House Wealth, warned the rumours swirling around CGT rises were “very unhelpful...
On1June1985JboughtahouseinStokefor£35,000.HeoccupiedthehouseahisPPRuntil1May1987whenhelefttoworkinBristol,livinginarentedflat.Hereturnedtothehouseon1November1988andstayeduntil1July1991,whenhelefttoworkinFrance.HereturnedtoStokeon1February1994andstayeduntil1December2001whenheboughtanewhouseinDerbyandmadethis...