Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 3 weeks ago 35
If I buy a property, do it up, and sell it on, I think I have to pay income tax on the profit.
If I buy a property, do it up, put in a tenant, then sell it down the line, I have to pay CGT.
My question is: What is the cross over point where it goes from tax on profit to CGT?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More