I own a house, which I lived in until I got married 2 years ago. Since then the house has been let out, and I now want to sell it. It has gone up in value. Will I have to pay any capital gains tax?
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Archive for the ‘Capital gains tax’ Category
As investing in buy-to-let rental properties has become more popular, we are often asked whether it is better to own such properties personally or through a limited company.
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This month sees self assessment tax returns arriving through letterboxes across the country, and this year there are some changes to the return. Here are the main things to watch out for.
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In his Pre-Budget Report yesterday, the Chancellor announced a reform of Capital Gains Tax that is expected to take effect from 6 April 2008. Although the detail has not yet been published, it is expected that this will involve replacing the current range of tax rates (from 0% to 40%) with a single 18% rate.
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