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Saturday 8th February 2020

Latest Comments

Total Number of Property118 Comments: 2


11:37 AM, 19th February 2020, About A year ago

CGT payment deadline changes!

As a landlord you will hopefully be filing tax returns anyway. Assuming the new system will work as it currently does for non residents, as long as you file a cgt return within 30 days of a sale declaring you will provide full details on your self assessment return you would be able to defer the tax payment to 31 Jan.... Read More


10:51 AM, 8th February 2020, About 2 years ago

CGT on selling a Buy to Let property after divorce

Hi Rachel
From your question it seems your ex husband was never on the title deeds of this property so there has never been any transfer between you and him even though its value was included in the divorce settlement. Unfortunately it seems your capital gain would be based on the sale price achieved, less original purchase cost, expenses and any reliefs available, PPR, Lettings relief, etc.

Also, have you considered other options, eg. do have a lower liability on other properties or do have any shares you are holding that could generate a loss if sold in the same tax year?... Read More