New Forest

CGT to be paid earlier on property disposals in 2020

HMRC are consulting on the mechanism for collecting CGT on residential property disposals from April 2020, when the tax will be due within 30 days of completion.

This will be instead of the normal payment date of 31 January following the end of the tax year and is yet another attack on buy to let landlords!

For further information on Property Disposals, please contact Arthur Bell on 023 8046 1258.

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