Originally posted by d000hg
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Does anyone actually know if the new rules DO apply to foreign property purchasers? Or shall we just carry on arguing based on supposition and, in AtW's case, heavily biased ignorance?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by d000hg View Postshall we just carry on arguing based on supposition and, in AtW's case, heavily biased ignorance?Comment
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link one linky
Companies pay 15% on properties over £500,000 except those that are:
- a property rental business
- property developers and trader
- property made available to the public
- financial institutions acquiring property in the course of lending
- property occupied by employees
- farmhouses
"You’re just a bad memory who doesn’t know when to go away" JRComment
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OK. It's all the foreigners' fault.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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link two linky
link three linky
Non residents don't face increased stamp duty when they buy a property however they pay CGT when they sell it.
From 6th April 2015, all gains on property will be subject to 18% or 28% capital gains tax (CGT) when held personally (depending on the individual’s total taxable gains and UK income for that year)."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by SueEllen View PostNon residents don't face increased stamp duty when they buy a property however they pay CGT when they sell it.
Only the nominee owner will change hands...Comment
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Originally posted by AtW View PostThey will never sell the property.
Only the nominee owner will change hands..."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by d000hg View PostOK. It's all the foreigners' fault.
BTL is simply a way of impoverishing the young.Comment
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