Despite recent fears that property may no longer be a lucrative investment due to recent budget announcements and concerns around second homes requiring planning permission, a data study has revealed that there are still plenty of profitable areas across the UK for those looking to take the leap.
According to the new study by data experts at Pikl Insurance , UK coastal property...
Research by lettings and estate agent, Beham and Reeves, has estimated that buy-to-let landlords and second homeowners could see the capital gains tax (CGT) owed if they choose to sell increase by as much as £24,000. That’s if recommendations by the Office of Tax Simplification to change the tax threshold are introduced.
CGT is tax paid on the profit of an item sold that has...
