United Kingdom · Question · Written question
UIN 11458
Capital Gains Tax
Original
Introduced
3 February 2020
Last action
6 February 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
6 February 2020
Summary
To ask the Chancellor of the Exchequer, what steps he is taking to ensure people selling residential properties which may lead to a potential capital gains tax payment are aware of the changes to that tax which will be introduced from 6 April 2020.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
3 February 2020
Written question
To ask the Chancellor of the Exchequer, what steps he is taking to ensure people selling residential properties which may lead to a potential capital gains tax payment are aware of the changes to that tax which will be introduced from 6 April 2020.
Source: Commons
6 February 2020
Answer
From 6 April 2020 anyone disposing of a UK residential property on which a chargeable gain arises, such as on a second home or a rental property, will be required to report and pay any capital gains tax due within 30 days of the completion of the sale. HM...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-02-03/11458
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1175541
- uk · wq-1175541 · source updated 6 February 2020