Did you know that when you rent out all or part of your home a Capital Gains Tax (CGT) charge may apply when you sell the property? Currently, HMRC exclude the last 18 months of your ownership – even if the property is let for this time – when assessing any CGT liability. However, in a draft of the Finance Bill released earlier this year, HMRC have confirmed that this 18-month period will be reduced to 9 months from April 2020. Disabled property owners, or those in a care home, will continue to be exempt for 36 months.
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Tenant Fees Ban. How will landlords and tenants be affected?
Tenant Fees Ban. How will landlords and tenants be affected?
The new Tenant Fees Act comes into force on the 1st June 2019. So what is it? And how will it affect landlords and tenants?
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