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Tag: CGT

The list below is a collection of articles that refer to, mention or discuss CGT or Capital Gains Tax

New Tax Probe For Wealthy Offshore Investors

Letters from the tax man are dropping on the doormats of wealthy investors with money in offshore collective investment funds. The letters are part of...
Brexit

Brexit Tax Shocker On The Way For Brits With Property In...

British landlords with holiday homes to let in Europe will face extra taxes after Brexit. Paying more tax is an unforeseen consequence of Brexit that...
cgt

Aussie Expats Granted A CGT Delay But New Law IS On...

Aussie expats facing massive tax bills when selling a home have won more time to put their finances in order. The government is extending the...
property taxes

Tax for expats selling a UK home

If you own a home in the UK but are tax resident in another country, capital gains tax may be due when you sell. But...

CGT Changes On The Way For Expat Landlords

British capital gains tax rules for residents and expats are aligning in April 2020 - which means running a check over your finances sooner...

CGT Crackdown Is Still A Worry For Aussie Expats

The worry of a capital gains tax crackdown on Australian expats selling a property back home while living overseas won’t go away. Expats who sell...
cgt

CGT Warning For Expats As Tax Breaks Scrapped

Expats with homes to sell in the UK can expect to pay more capital gains tax if the deal does not go through before...

Landlords to shell out £500m in another raid on taxes

The British government is launching another £500 million tax raid on property investors with a major reform of capital gains tax rules. The tax -...
inheritance

What Tax Do You Pay If You Inherit Property?

Tax can be confusing, which is why so many people worry about tax they might have to pay on gifts left to them by...
cgt

Don’t Squander Cash On Unnecessary Capital Gains Tax

Taxpayers handed over a record £6.8 billion in capital gains tax (CGT) in January 2019 - but many couples could be paying more than...

Budget 2018: New Tax Break For Landlords Flagged

Chancellor Phillip Hammond is considering a new tax break to reward landlords selling buy to let homes to sitting tenants for his Budget 2018. A...
property taxes

Home Owner Gets Tax Bill For Flat That Did Not Exist

Property investors must pay capital gains tax on homes that no one could live in because they had not been built, according to a...

Tax Filing Countdown Ticking Down For Expats

The final countdown for this year’s self-assessment returns has started - and anyone needing to register only has a few days to tell the...
Questions

Can Taxpayers Rely On Guidance From HMRC?

HMRC publishes tens of thousands of pages of technical guidance online - but can taxpayers really rely on what the information says? Probably not, according...
cgt

Ignorance Of CGT Rules Is No Defence For Expat

An expat appealing against a fine for failing to file a non-resident capital gains tax return was thrown out by a tribunal judge. HM Revenue...

EIS Tax Breaks Lost As Investor Failed To File A Form

A judge dismissed an investors claim to overturn a poor decision by the tax authority even though the investor won his argument in court. Investor...
Cryptocurrency

Do You Pay Tax On Bitcoin Trading Profits?

British digital currency speculators are in a limbo over if they should pay tax on the money they make online. Thousands of investors made significant...

Treasury Seeks Views On SEIS Investment Reboot

The Treasury wants to reboot the flagship Seed Enterprise Investment Scheme (SEIS) for start-ups by focusing on knowledge intensive firms. An investment review has shown...

Buy To Let Landlords Pocket £16 Billion A Year In Rents

Buy to let landlords are collecting around £16 billion a year in rent from private tenants, according to an analysis of official data. More than...
cgt

Are Expat Landlords Paying Too Much CGT?

Married expat buy to let owners can save tax by switching ownership share with a spouse when ditching investment their properties. Special rules allow spouses...