PROPERTY SEARCH

Buy

Rent

SHOW UNDER OFFER

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 sales@goviewlondon.co.uk if you would like to discuss your options.

 

Important Capital Gains Tax (CGT) change


Other News

Go View London are recruiting

We are recruiting for positions in sales and lettings at the moment.  If you would like to be considered for a position please email recruitment@goviewlondon.co.uk .


Monthly newsletter #65 now released

We have just released our 65th monthly newsletter to our client database and it conatins news on a increase in sales transactions, a reported fall in Ealing's population and recruitment news from Go View London.


Great, unique sale on Churchfield Rd, W3

Our Acton sales office was delighted to have just exchanged contracts on a unique four storey building in the heart of Churchfield Rd, Acton near to where our local office is based.