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Archive for May, 2010

Tax hikes could kill off rental sector, say critics

Icon Written by Neal on 14/05/2010 – 11:24 am

Moves by the Coalition to raise Capital Gains Tax could decimate the buy-to-let market, with fears of a fire sale as landlords rush to dispose of their properties before the hike. The new Government is looking to charge CGT at the same rate that people pay their normal income tax – ie, 20%, 40% or [...]