Majority of real estate investors ‘unsettled’ by capital gains tax changes
Nearly two thirds (61%) of real estate investors are concerned about recent changes to UK Capital Gains Tax (CGT) according to a new industry-wide survey.
Consultancy Intertrust interviewed real estate investors about changes to CGT which will come into effect in April 2019, and mean that non-resident investors will pay CGT on disposals of all types of UK real estate. Under the current system, non-resident investors only have to pay CGT on residential property.
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