As I mentioned the other day, the Daily Mail has been asking property investment companies to find sympathetic investors who are worried about the proposed rise in Capital Gains Tax. This is the sort of thing the stories are being used for. In the case of couple who have owned a second home for years and want to use it to fund their retirement- it isn't obvious to me why the don't simply keep making money from the rental income rather than selling the house.
CGT is neither the best nor the worst tax out there, but if it is a threat to property prices the Daily Mail will act as if it is the reintroduction of the Window Tax.
Some of Warren Zevon’s thoughtful pieces
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