HMRC to speed up capital gains tax payments for residential property sales
Posted by mostafa on 24 April, 2018
No comments yet
This item was filled under Tax
A payment on account of capital gains tax will need to be made when a residential property is sold from April 2020.
Payment will be due within 30 days of completion and the seller will have to submit a ‘payment on account’ return at the same time.
The changes affect those selling a second home or rental property. …