Landlords giving up on buy-to-let over fears of new Capital Gains Tax raid on profits

Landlords giving up on buy-to-let over fears of new Capital Gains Tax raid on profits

 Daily Express :: Finance Feed

​Currently, any profits made on properties, other than a main residence, are taxed at 24 percent for a higher rate taxpayer, but this could rise to 40 percent. 

Currently, any profits made on properties, other than a main residence, are taxed at 24 percent for a higher rate taxpayer, but this could rise to 40 percent. 

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