How to avoid CGT on second homes using main residence elections; Why unmarried couples can have not one but TWO tax-free homes; How to develop part of your home and avoid CGT; How to convert heavily taxed income into leniently taxed capital gains; The tax benefits ...
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...
PwC Warns on HMRC and CGT Demands; PERSONAL FINANCEOwners of second homes could end up paying twice as much tax when they sell their properties...The Birmingham Post (England)