Property Tax: Tax on the Sale of Residential Property

There are three major changes on the horizon which will affect the sale of residential properties. The changes are: Replacement of lettings relief with lodgers relief Reduction of the final exempt period Reporting capital gain All of the changes come into effect from 6 April 2020. It is important to bear in mind that the … Continue reading Property Tax: Tax on the Sale of Residential Property

Gwent Landlord Forum – 28 November 2017

We would like to invite you to join us at our second Landlord Forum of the 2017/18 season taking place on Tuesday 28 November between 6pm and 8pm at the Parkway Hotel in Cwmbran. As always, our invitation goes out to all who may be interested in attending this FREE event. So if you know … Continue reading Gwent Landlord Forum – 28 November 2017

New Land Transaction Tax for Wales

The Welsh Assembly has now approved Stage One of the legislative process for the proposed new Land Transaction Tax (LTT), due to take effect from 6th April 2018. The tax will replace the Stamp Duty Land Tax (SDLT) in Wales, and is expected to receive Royal Assent in Spring of this year.  LTT will operate … Continue reading New Land Transaction Tax for Wales