In 2019, our independent estate agency supported a wide range of community organisations and initiatives:
Trailfinders Minis Ealing Cricket Club St Martin’s Church Drayton Green PTA Twyford High School’s Romeo and Juliet play North Ealing PTA Ealing Synagogue Pitshanger Play Centre Acton Unframed St Vincent’s Catholic School Queensmill School Acton Cinema fund
As an independent estate agent, we are proud to contribute to the local, active community to which we serve and look forward to taking this support forward into 2020.
Important Capital Gains Tax (CGT) change
Important changes are coming to Capital Gains Tax (CGT) from the new tax year that clients should be aware of.
From 6 April 2020, CGT incurred following the disposal of a residential property will have to be paid within 30 days of the completion date. At present tax payable is due by 31 January following from the allotted tax year. (Previously if you sold a property on 1 May you would have 20 months longer to pay the tax due).
Furthermore, Private Residence Relief will be eroded from 18 months to 9 months (it was 36 months in 2014), and Letting Relief will only count if you were having a lodger in the period of question as opposed to renting the property out completely.
Call us on 020 8992 0333 or email email@example.com if you would like to discuss your options.