CGT on sale of homes

CGT on sale of homes

Capital gains tax (CGT) may be due when you sell a second home or a property that has not been occupied as your main home for the entire period of ownership. For sales of UK homes completed since 6 April 2020 any CGT due must be declared and paid within 30 days of the...
Problems with holiday lets

Problems with holiday lets

Landlords of furnished holiday accommodation qualify for tax breaks if their property is available for short term lettings for at least 210 days a year and is actually let for 105 days in the year. Longer lets out of season are permitted but these must not exceed 155...