LETTING & ESTATE AGENT

Landlords could face increased capital gains tax as government tightens the net

Landlords could face increased capital gains tax as government tightens the net

With effect from 6th April 2014, the government is proposing to reduce the additional time qualifying for relief on your main home after you have vacated, from 3 years to just 18 months.  This could affect people who are letting a previous family home, second home owners, or landlords who have previously used the concessions to reduce tax burdens.

Martin & Co Letting and Property Management.

Uckfield 01825 744033

Lewes 01273 353000