
Capital Gains Tax
Government urged to extend Capital Gains Tax payment deadline on property sales
As of April 2020, landlords and those selling second homes must declare and pay any capital gains tax due, within 30 days. HMRC revealed that thousands of landlords have incurred fines for failing to pay the tax within the 30-day window. Latest figures from April 2020 to January 2021 show that 51,300 capital gains tax