by Charlie Clayton | Jul 14, 2021 | Business
There are several tax advantages of owning a furnished holiday let. One of the most important benefits is that Capital Gains Tax Relief is available, including Business Asset Rollover Relief and Business Asset Disposal Relief (BADR). WHAT IS BUSINESS ASSET ROLLOVER...
by Dylon Thomas | Aug 18, 2020 | Taxes
If a landlord no longer wants to hold a buy to let property and put it on the market, it is important to be aware of the capital gains tax implications on the changes that came into effect from 6 April 2020. Is there any private residence relief? If the property has...
by Dylon Thomas | Jun 27, 2020 | Accounting, Business, Taxes
There have been certain changes regarding the payments of CGT, which have been in place since April 2020, which were orchestrated to align the positions of UK residence with non-UK residents. So, from 6 April 2020, if a UK resident sells a residential property in the...
