New British Property Capital Gains Tax

Category: Real estate, Posted:01 Mar 2015 | 06:00 am

Britain will roll out a new capital gains tax on real estate on April 6th.
This scheme is aimed at foreign non-resident purchasers looking to flip properties.
The tax range will be between 18 and 28%.
Property speculation has been a growing issue for the country and the new tax is intended to curb the practice.

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