Wednesday, December 4, 2013
Capital gains tax on overseas buyers
This could be it folks. If they manage to close loop holes at the same time. If this is carried through there will be capital gains tax on overseas owners of Uk propertes. What we need is for them to announce it as taking place sometime in the future which give all the wealthy expats and overseas buyers time to offload their properties on the market, thus starting the cycle of excess supply and putting downward pressure on the market.