Sale of Residential Property in the UK from 6th April 2020 New CGT Rules
Sale of Residential Property in the UK from 6th April 2020 – New CGT Rules
We realise that conveyancers have lots to distract them at the moment, so we just wanted to ensure that you did not miss the new rules that come into effect from the 6th April 2020.
As from this date, vendors of residential property will have to make a declaration to HMRC and pay any Capital Gains Tax (CGT) due within 30 days of the date of completion.