Blogger
Share this content
0
2
897

CGT on sale of rental property

Was talking to a client who said there was a way of property developers not paying CGT on sale of rental property

I've not heard this and wondered if I had missed something?

Replies

Please login or register to join the discussion.

avatar
By SE
23rd Feb 2012 11:05

CGT Property Developers

Property developers will pay income tax or CT on trading profits. Are you referring to properties rented out whilst waiting to be sold?

Thanks (0)
avatar
By occca
23rd Feb 2012 16:28

To be honest I don't know

Sometimes client can be a bit vague, so I was trying to work out if there was a new scheme or something that I was unaware of

Thanks (0)