Understanding Capital Gains Tax on Residential Property
Tax is a hot topic for agents right now, so we’ve arranged for Mark Stemp, Tax Partner at Crowe UK, to join us for a live webinar. There’s a whole range of tax-related topics we could cover, so we put it to a vote on LinkedIn to find out which would be most useful, and Capital Gains Tax came out top.
Mark is a property tax specialist with over 20 years of experience of taxation. Together we’ll dive into the Capital Gains Tax rules on the sale of a residential property – whether it’s a second home or a let property.
You can expect to leave this webinar with an understanding of:
• How to calculate Capital Gains Tax on the disposal of a residential property
• What costs can be deducted when calculating the gain
• Main Residence Relief – applicable for those landlords or second home owners who have lived in the property as a main residence in the past
• The new 60 day reporting and tax payment deadline (was previously 30 days)