What is this 'under-the-radar' property tax netting £5.8bn, and how might it affect my UK property investment returns?
Quick Answer
The 'under-the-radar' property tax is Capital Gains Tax (CGT) on residential property. It significantly impacts landlords selling investment properties due to rates up to 24% and a reduced £3,000 annual exempt amount.
About This Topic
Discover how Capital Gains Tax (CGT) on UK residential property, an 'under-the-radar' £5.8bn tax, impacts your investment returns. Learn rates, reliefs, and how to plan effectively.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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