Brown, Osborne & Kwarteng and the unintended consequences of a Budget
Original Article Summary
Sarah Coles, head of personal finance, Hargreaves Lansdown With changes to major taxes like VAT and the rates of income tax and National Insurance off the table in the Budget, there’s a chance we’re heading for multiple tweaks in an effort to make ends meet at the Treasury. As so many Chancellors have discovered in […] The post Brown, Osborne & Kwarteng and the unintended consequences of a Budget appeared first on PropertyWire.
PropMatch Curated Analysis
Analysis of potential Budget tax changes warns that increased capital gains tax on property could cause investors to hold assets longer, potentially reducing property market liquidity and preventing downsizing.
Investor Relevance
Critical for property investors as potential CGT increases could affect exit strategies, timing of disposals, and overall portfolio management. The warning about investors 'hanging onto property' until death to avoid CGT has direct implications for buy-to-let and development exit planning.
Original Source:
PropertyWireStay Updated
Subscribe to our weekly briefings for curated property news and insights