Online capital gains tax (CGT) for property disposals
Alex Wavell | 17.04.2020
10.04.2020 Alex Wavell
On 11 March 2020, the new Chancellor, Rishi Sunak, delivered his first Budget. It was also the first Budget since Boris Johnson became Prime Minister in July, the General Election in December and the departure from the European Union in January. A lot has changed!
Where tax is concerned, some of the main highlights are as follows:
Interestingly, inheritance tax (IHT) was not a feature of this Budget. This is despite speculation that reform of the tax is in the offing. However, with another Budget expected later this year (most likely in November) – the Budget on 11 March was ultimately a delayed Budget from 2019 – it may be that IHT features more heavily then.