Multiple Houses
Finance & Accounting>Capital Gains Tax

More than one home? Check which one qualifies for private residence relief

Private residence relief removes the charge to capital gains tax on the taxpayer’s only or main residence. For the purposes of the relief, a taxpayer …

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Property Transaction Charges
Finance & Accounting>Property Tax

Property Transaction charges reduced

In his Economic statement on 8 July 2020, Chancellor Rishi Sunak highlighted that property transactions fell by more than 50% in May, while house prices …

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SDLT and linked transactions
Finance & Accounting>Property Tax

Special Stamp Duty Land Tax (SLDT) and Linked Transactions

Special stamp duty land tax (SDLT) rules apply where there are multiple sales or transfers between the same buyer and seller. Linked transactions Where two …

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Buy to let
Property Blog

What happens if you sell your buy-to-let at a loss?

Selling the buy-to-let property at a loss The Covid-19 pandemic has caused financial hardship for many and the need to release funds may lead to …

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Residential Stamp Duty Land Tax
Finance & Accounting>Property Tax

The government have cut stamp duty until 31 March 20201, is now a good time to buy a house?

Temporary cut in SDLT – Who benefits? To boost confidence in the property market and to maintain the momentum that has been gained since the …

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Buy to let house for sale
Capital Gains Tax

Considering selling your buy-to-let property? The late filing penalties for delaying to notify HMRC are no longer paused, read the latest here.

Capital gains tax implications of selling the buy-to-let There may come a time when a landlord no longer wants to hold a buy-to let property …

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