Capital Gains Tax planning for property (2020/21)

From 6 April 2020, HMRC is proposing three significant changes which will potentially increase the capital gains tax paid on the disposal of any residential property by an individual.

These changes seek to raise extra revenue from the disposal of residential properties and to collect these taxes more quickly.

For many of the 1.2 million residential property disposals each year, there will be no liability having been occupied throughout the period of ownership as the owner’s main residence.

If, however, you have a property which was once your main residence and you either let it out or have retained it for other reasons, these changes will affect you.

This free guide is designed to outline the main changes and implications, however proper planning will help to mitigate (but not eliminate) the potential additional tax cost. Please do contact us before you decide to act.

Download our guide to Capital Gains Tax planning for property

 

You might be interested in...

  1. Succession Starts Long Before You’re Ready To Leave

    07 Jul 2026

    Succession Starts Long Before You’re Ready To Leave

    Could your business run without you? Explore why owner dependency is a major risk and how early succession planning can protect continuity and value.

    Learn more

    Succession Starts Long Before You’re Ready To Leave
  2. Why standing still in business is no longer an option

    07 Jul 2026

    Why standing still in business is no longer an option

    In a world where certainty is no longer the norm, the businesses that succeed are those that keep moving. Drawing on insights from 1,500 UK business leaders, Stephen Watts explores how leadership is evolving.

    Learn more

    Why standing still in business is no longer an option
  3. TC Group Successfully Moves to Bournemouth

    01 Jul 2026

    TC Group moves to the heart of Bournemouth

    TC Group has given a clear signal of its commitment to the success of the region by moving its team to the heart of Bournemouth Christchurch and Poole (BCP).

    Learn more

    TC Group moves to the heart of Bournemouth
  4. Retaining Staff While Planning for the Future

    01 Jul 2026

    Retaining Staff While Planning for the Future

    Retain key staff with EMI schemes and Employee Ownership Trusts (EOTs), aligning incentives with long-term business success.

    Learn more

    Retaining Staff While Planning for the Future