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Current Capital Gains Tax Rates One of the more positive aspects of the Autumn 2024 Budget is that the Chancellor decided not to increase the capital gains tax (CGT) rates on residential property gains. Instead, she aligned the standard rates with the residential rates. From 6 April 2024, the top CGT rate for residential property
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Landlords with furnished holiday lettings (FHLs) are living in uncertain times. At the 2024 Spring Budget, it was announced that the favorable tax regime for FHLs would be abolished from 6 April 2025. However, the legislation has yet to be enacted, and it remains unclear if it will see the light of day. Landlords of
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