Cap­i­tal Gains Tax

Finweek English Edition - - COVER STORY -

(CGT) of 28% will be charged to off­shore com­pa­nies dis­pos­ing of UK res­i­den­tial prop­erty val­ued £2m or over. While this may or may not put a dent in the pock­ets of the su­per-rich, much of this will not af­fect the aver­age buyer who is more likely to be in the mar­ket for properties well un­der the £2m mark.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.