Chancellor urged to rethink Capital Gains Tax on property
The Negotiator
The National Residential Landlords Association chief, Ben Beadle, has urged the Chancellor to review Capital Gains Tax. He believes it is unfair to tax property owners on value gains that are a result of inflation, not genuine increases in worth.
The PropAtlas take
Changes to Capital Gains Tax could significantly impact the profitability of property investments for UK landlords and developers. Software solutions that help model tax liabilities and forecast net returns will become even more critical for accurate financial planning.