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All change for landlords 2020
HMRC changes Capital Gains rules for landlords and finance cost restrictions for residential properties. Capital gains tax (CGT) For UK residents, from 6th April 2020 GCT returns and payment must be made within 30 days of completion. This change may cause a substantial cashflow difficulty for landlords in the short term. This will still have to be reported on a client’s self-assessment tax return. HMRC will be amending the self-assessment return to allow you to Read more…