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29 April 2020

Will I be hit by CGT rule change on my property sale?

A reader of the Financial Times is concerned about the rules around capital gains tax on their property, following the tax change that took effect from 6 April 2020. The property in question was left to them by a relative last year and due to COVID-19 the buyer has asked to delay the sale.

Hema Anand, Partner in BDB Pitmans’ residential property team, outlines key considerations due to COVID-19 and what the next steps should be.

The full article is available to subscribers of the Financial Times, here.

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