We will be sending out our January newsletter very soon and will contain the latest in property news, company news and local area news specific to Ealing and Acton.
This is a monthly newsletter than goes out to over 10,000 subscribers, if you would like to receive a copy please email firstname.lastname@example.org and we will be delighted to send you an email version.
Great accolade from All The Agents
Our Ealing office won the best sales branch of the year for 2019 in the All The Agents awards. All The Agents is the most reputable review platform for Estate Agents and to win this top award for the competitive W5 region is an amazing accolade.
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.