Second home

Row of houses

What would a CGT tax hike mean for B2L landlords and second homebuyers?

Research by lettings and estate agent, Beham and Reeves, has estimated that buy-to-let landlords and second homeowners could see the capital gains tax (CGT) owed if they choose to sell increase by as much as £24,000. That’s if recommendations by the Office of Tax Simplification to change the tax threshold are introduced.

CGT is tax paid on the profit of an item sold that has...