The article offers information on the Property Sales Campaign of the Her Majesty Revenue and Customs (HRMC) in Great Britain that aims to target people who have made profit on the sale of their second home but paid no capital gains tax.DaleSamuelMortgage Strategy (Online Edition)...
they would only be eligible for CGT if their total gains made within that financial year exceeded the tax-free allowance. The likelihood of this individual being subject to CGT would be increased if the sale of other assets, such as a second home or a valuable painting, had used up some ...