Jun
25
UK Government to Raise CGT?
Filed Under UK Property Investment | Leave a Comment
Are you a UK-based property investor. I’m on a property newsletter and this came in which I have to alert all of you to…
Peter Esders, a property lawyer, said ‘Just to confuse things even more I was at a Budget review breakfast yesterday and the view of the speaker was that CGT may have a further rise in the normal budget in April. The coalition document states that they will raise CGT rates to ‘Similar or close to those applied to income’ and the budget the other day said that the rate for 2011-2012 will be decided by the Chancellor in the future.’
Something all property investors ought to keep in mind.