{"id":113891,"date":"2020-01-27T14:00:46","date_gmt":"2020-01-27T07:00:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-i-sell-a-buy-to-let-property-and-buy-another-can-i-defer-cgt\/"},"modified":"2020-01-27T14:03:08","modified_gmt":"2020-01-27T07:03:08","slug":"if-i-sell-a-buy-to-let-property-and-buy-another-can-i-defer-cgt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-i-sell-a-buy-to-let-property-and-buy-another-can-i-defer-cgt\/","title":{"rendered":"If I sell a buy-to-let property and buy another, can I defer CGT?"},"content":{"rendered":"


\nA landlord appears to be hoping he can claim business asset roll-over relief to delay paying taxQ If I sell a buy-to-let property and immediately use proceeds to buy another, is the payment of capital gains tax deferred?SKA Short answer: no. You are clearly hoping that selling a buy-to-let property and buying another would make you eligible to claim business asset roll-over relief but it doesn\u2019t. Roll-over relief lets you put off paying any capital gains tax (CGT) due on the gain from the sale of a business asset until you sell the business asset that you bought to replace it but only \u2013 among other things \u2013 if you are trading. And HM Revenue & Customs (HMRC) doesn\u2019t consider investing in a buy-to-let property as trading. Continue reading…
\n
\nSource : theguardian.com
\nRead more…If I sell a buy-to-let property and buy another, can I defer CGT?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A landlord appears to be hoping he can claim business asset roll-over relief to delay...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-113891","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tCX","jetpack-related-posts":[{"id":135847,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-capital-gains-tax-apply-if-a-sale-of-a-buy-to-let-property-is-used-to-purchase-another\/","url_meta":{"origin":113891,"position":0},"title":"Will capital gains tax apply if a sale of a buy-to-let property is used to purchase another?","date":"April 10, 2023","format":false,"excerpt":"\r The proceeds for the first house would be fully used as a deposit for the larger second oneQ I own a buy-to-let property and am considering selling it to fund the purchase of a larger buy-to-let investment property. In essence, I would be moving the investment from property one\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27731,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-pay-cgt-if-i-sell-my-buy-to-let-to-help-fund-a-new-home\/","url_meta":{"origin":113891,"position":1},"title":"Will I pay CGT if I sell my buy-to-let to help fund a new home?","date":"September 29, 2016","format":false,"excerpt":"\r I\u2019m hoping I don\u2019t need to pay capital gains tax as I am using the \u2018gain\u2019 to help me move from one main residence to anotherQ I would really appreciate your advice on capital gains tax (CGT). I own a second property, which I have let out for the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-plan-to-sell-my-rented-out-property-to-buy-a-dream-home-will-i-have-to-pay-capital-gains-tax\/","url_meta":{"origin":113891,"position":2},"title":"I plan to sell my rented-out property to buy a dream home. Will I have to pay capital gains tax?","date":"December 18, 2023","format":false,"excerpt":"\r I lived in the \u00a3330,000 house before moving in with my partner but may accept \u00a3310,000 for quick saleQ I am in the process of selling a property to buy another and I am a bit confused about whether capital gains tax (CGT) will apply, so I was hoping\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-lobby-accuses-osborne-of-outright-assault-on-the-sector\/","url_meta":{"origin":113891,"position":3},"title":"Buy-to-let lobby accuses Osborne of 'outright assault on the sector'","date":"March 17, 2016","format":false,"excerpt":"\r Budget measure exempting buy-to-let landlords from capital gains tax cut branded as a direct attacks on landlordsA surprise reduction in capital gains tax has been welcomed by investors but is expected to prompt outrage from buy-to-let landlords after residential property was exempted from the changes.The headline rates of CGT\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52349,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-newlyweds-what-capital-gains-tax-will-we-pay-if-we-sell-one-of-our-flats\/","url_meta":{"origin":113891,"position":4},"title":"As newlyweds, what capital gains tax will we pay if we sell one of our flats?","date":"April 20, 2017","format":false,"excerpt":"\r My husband and I are worried about how much time we have to sell before CGT and higher rate stamp duty kick inQ I recently got married and we each own a flat. 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