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Tax Tips for Property Development – Rich List 2018

By | 2018-04-30T15:44:58+00:00 January 1st, 2018|

The relaxation of planning rules and the need for more housing generally provides increasing opportunities for families to sell land for property development. Profits realised can be very substantial but, without careful tax planning, a significant proportion can be swallowed up in tax. It is generally preferable for any gain on the sale of land to be subject to capital gains tax (“CGT”) as

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