NRLA demands capital gains tax reform for landlords
Property Industry Eye
The National Residential Landlords Association has highlighted the significant tax increases landlords are experiencing due to inflation. They are advocating for reforms to Capital Gains Tax (CGT) to address these rising costs.
The PropAtlas take
Current tax treatment of property disposals may force landlords to pay CGT on gains that do not represent real profit. Property professionals should monitor government responses to CGT reform proposals closely.