Individuals may need to pay tax when they sell property. Find out about the new rules that apply to property disposals from April 2020, find out how the tax is calculated and what reliefs are available.
The Chancellor, Rishi Sunak, has announced a raft of measures in his Summer Statement in a bid to help the UK economy recover from the worst effects of Coronavirus.
Are you affected by the restriction on mortgage interest relief (aka section 24) on your rental income? Find out how the restriction works, what effect it has and most importantly what can be done to mitigate its impact on your tax liability.