The article discusses aspects on the possible impact of halving the capital gains tax (CGT) exemption of second homes in Great Britain. It states that the plan to halve the CGT exemption could boost the housing property supply in the market. Daniel Crowther, a partner at KPMG, mentions that...
The article reports that Her Majesty's Revenue and Customs (HMRC) offers second home owners to pay unpaid capital gains tax (CGT) until September 6, 2013 in Great Britain. It mentions that failure to comply will lead to a heavy clampdown. It also notes the Property Sales Campaign which is...
It mentions that failure to comply will lead to a heavy clampdown. It also notes the Property Sales Campaign which is focused on people selling their homes in the country or overseas where the tax should be pa...
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)...