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Advice & Best Practice

Recent tax changes UK property investors need to know about

By Andrew Hoban, partner at Allsop

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In the Spring 2021 Budget, the chancellor announced a wide range of tax changes with a strong emphasis on encouraging capital spending as a route to achieving recovery in the economy. Although changes to the corporation tax rate were announced, there was no increase in the Capital Gains Tax (CGT) rate, however, this may be revisited in the future. 

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