BUDGET: Unexpected CGT rate cut, but not on property
The capital gains tax (CGT) rate for higher-rate taxpayers is being cut from 28 to 20 per cent next month. The Chancellor confirmed, however, that residential property investments in England, Wales and Northern Ireland would be subject to the higher rates of stamp duty land tax (SDLT) which entails a 3 per cent ‘additional property’ stamp duty surcharge even if the properties are part of a significant property portfolio
Budget CGT NEWS

Content Filter
Categories
About Us
The firm aims to give its clients the benefit of long experience, which is considerable bearing in mind the fact that all of the partners have been in practice in Northern Ireland for over twenty or more years.