Families could face £120,000 CGT bill on inherited homes

Families inheriting property could face Capital Gains Tax (CGT) bills of almost £120,000 under potential reforms being discussed by policymakers, according to analysis from Rathbones. The firm’s calculations suggest that abolishing the long-standing CGT uplift on death would leave beneficiaries paying tax on gains accumulated…

The post Families could face £120,000 CGT bill on inherited homes appeared first on Mortgage Strategy.

Families could face £120,000 CGT bill on inherited homes

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