Tax break for landlords?
Posted on 08 Nov 2013
Ministers mull tax break for landlords selling to tenantsThe government is considering plans to give landlords tax breaks for selling property to long-term tenants. Ministers are looking at offering 100% relief from CGT when owners of buy-to-let homes sell to tenants who have lived there for at least three years. Meanwhile, figures from the Institute for Fiscal Studies reveal barriers to homeownership are now so high that even with a 10% deposit only 60% of people aged 25 to 34 could borrow enough money to buy the cheapest home in their area.
