Jump to content
House Price Crash Forum
Sign in to follow this  
fru-gal

Capital gains tax on all homes needed

Recommended Posts

http://www.24housing.co.uk/news/capital-gains-tax-on-all-homes-needed/

Quote

Home owners are not currently charged capital gains tax on the sale of their main dwelling, a situation Professor Green argues is wrong given that houses are widely seen as investments.

He does not say what the level of capital gains tax should be but estimates that a charge of 30% on the profits from all sales would have raised some £24bn a year over the period 2010 to 2015, or “close to what the government currently spends on secondary education”.

 

Edited by fru-gal

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   102 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.