{"id":117824,"date":"2020-07-16T01:03:37","date_gmt":"2020-07-15T18:03:37","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/capital-gains-tax-review-your-questions-answered\/"},"modified":"2020-07-16T02:03:42","modified_gmt":"2020-07-15T19:03:42","slug":"capital-gains-tax-review-your-questions-answered","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capital-gains-tax-review-your-questions-answered\/","title":{"rendered":"Capital gains tax review: your questions answered"},"content":{"rendered":"<p>&#013;<br \/>\nAll you need to know about CGT and the possible outcomes of the chancellor\u2019s surprise reviewIs capital gains tax (CGT) going to rise dramatically as the government attempts to claw back the cost of extra spending during the coronavirus pandemic? A surprise review of CGT unveiled on Tuesday by chancellor Rishi Sunak opens the door to higher taxes on the wealthy and possibly middle income earners, too. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2020\/jul\/15\/capital-gains-tax-review-your-questions-answered\" target=\"_blank\">Capital gains tax review: your questions answered<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; All you need to know about CGT and the possible outcomes of the chancellor\u2019s surprise&#46;&#46;&#46;<\/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-117824","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-uEo","jetpack-related-posts":[{"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":117824,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-does-my-uncle-have-to-pay-capital-gains-tax\/","url_meta":{"origin":117824,"position":1},"title":"Why does my uncle have to pay capital gains tax?","date":"July 25, 2012","format":false,"excerpt":"\r Before moving into a home, he had lived in his house for more than 30 yearsQ My uncle moved into a care home on the Isle of Wight late last year because he was unable to look after himself properly (he is now 95). He put his house on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":117824,"position":2},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113891,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-i-sell-a-buy-to-let-property-and-buy-another-can-i-defer-cgt\/","url_meta":{"origin":117824,"position":3},"title":"If I sell a buy-to-let property and buy another, can I defer CGT?","date":"January 27, 2020","format":false,"excerpt":"\r A 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/political-roundup-the-biggest-problem-with-the-cgt-it-wont-do-enough\/","url_meta":{"origin":117824,"position":4},"title":"Political Roundup: The biggest problem with the CGT \u2013 it won&#039;t do enough","date":"February 26, 2019","format":false,"excerpt":"\r Are the purported benefits of the Tax Working Group's proposed capital gains an illusion? So far, questions about the potential effectiveness of the tax are the biggest challenge to the proposal, as there are strong doubts about whether...\r \r Source : nzherald.co.nz\/Property\r Read more...Political Roundup: The biggest problem with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rishi-sunaks-capital-gains-tax-review-may-usher-in-higher-taxes-on-wealthy\/","url_meta":{"origin":117824,"position":5},"title":"Rishi Sunak&#039;s capital gains tax review may usher in higher taxes on wealthy","date":"July 15, 2020","format":false,"excerpt":"\r Chancellor\u2019s directive to focus on how people escape CGT \u2018feels like starting pistol for a tax grab\u2019, says analystA review of capital gains tax ordered by the chancellor could open the door to higher taxes for the wealthy, analysts have said.Rishi Sunak said on Tuesday that he wanted the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117824"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=117824"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117824\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}