Capital Gains Tax Guides

Property Ownership Types and Tax Strategies

Ownership Types in the UK In the United Kingdom, various forms of property ownership exist, each carrying unique characteristics and implications, making it crucial for individuals seeking to invest in or manage real estate to understand these types. This article

Mastering Capital Gains Tax (CGT) Calculations Simplified

Understanding the Basics of CGT Calculations When it comes to calculating your capital gain or loss, it’s essential to grasp the fundamentals of CGT calculations. You can determine your capital gain or loss using the following formula: Proceeds of Sale

Capital Gains Tax for non-resident property owners.

Residential Property Capital Gains Tax When disposing of a dwelling in the UK, Capital Gains Tax applies. If you were the property owner on April 5, 2015, the assessable gain is calculated from that date to the date of disposal.