HMRC nudges sellers over possible Capital Gains Tax errors

HMRC is set to send out nudge letters to those who have sold residential properties, with it believed that some may owe an extra 8% in tax. The tax office says some sellers may have declared their Capital Gains Tax incorrectly, with a possible error related to whether the property was the seller’s main home or not. The letters from the taxman will ask the sellers to double check their tax payments.

 

Daily Express

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