Realising gains before CGT changes: the new reason landlords are selling

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Realising gains before CGT changes: the new reason landlords are selling

Ask landlords why they are selling, and the answer used to be regulation. This quarter, the survey tells a different story. The strongest pull towards the exit is now financial, and Capital Gains Tax is right at the top of it.

For Q2, the Property118 Landlord Sentiment Survey expanded its question on why landlords sell, asking them to rank six potential triggers rather than three. The results reorder the usual assumptions about what is driving disposals.

Two financial factors sit clearly at the top, and they are effectively tied. Higher interest rates scored 4.14. The desire to realise gains before any change to Capital Gains Tax scored 4.13. The regulatory pressures of the Renters’ Reform agenda and new EPC rules formed a middle tier. Circumstantial triggers, such as tenants moving out, ranked lowest.

The Budget speculation is already doing its work

The significance of that near-tie should not be missed. It means the anticipation of a tax change is now as powerful a motivation to sell as the very real, here-and-now cost of borrowing.

Capital Gains Tax has been the subject of persistent speculation ahead of successive fiscal events. For a landlord sitting on years of accrued gains, the calculation is uncomfortable but simple: if the rate might rise, there is an incentive to sell now and bank the gain at today’s rate rather than risk paying more later.

Whether or not any change materialises, the speculation itself is pulling sales forward. That is a lesson in how tax uncertainty, quite apart from tax policy, shapes behaviour in the real economy.

Refinancing pressure is building underneath

The interest-rate half of the equation is intensifying too. The share of landlords expecting to remortgage within the next twelve months rose to 34.2% in Q2, up from 31.6% in Q1. This question is directly comparable between the two quarters, so the increase is a genuine shift.

For many, this is not borrowing to expand. It is fixed-rate deals reaching maturity and rolling onto materially higher costs. With rates still well above pre-2022 levels, that rising cohort faces a squeeze on returns, and for those least able to absorb it, refinancing can be the moment the decision to sell is finally made.

What it means for landlords weighing their options

None of this is advice to sell, and every landlord’s position is different. But the survey makes the backdrop clear. The financial case, the cost of borrowing and the tax position on disposal, is now doing as much to drive landlords towards the exit as regulation ever did.

For those considering their next move, the practical questions are worth thinking through carefully and, where the sums are significant, with professional advice: how exposed is the portfolio to remortgaging over the next year, what the CGT position looks like today, and how much of any decision is being driven by speculation rather than certainty. The one thing the data suggests is that these conversations are already happening, in large numbers, around kitchen tables across the country.

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.p118-btl-header{margin-bottom:8px}
.p118-btl-title{color:var(–navy);font-size:28px;line-height:1.2;margin:0 0 10px}
.p118-btl-intro{line-height:1.55;margin:0 0 6px;color:#1f2937}

(function(){
‘use strict';

// ── Field ids (must match the seeded BTL Calculator form) ──────────────────
var F = {
year:’8ca5faab-7fd0-4263-ab16-c28cac2a33dd’,
rent:’29a6d2dd-1824-4d07-ae3f-5e14607d1599′,
interest:’a4cb8069-1050-4ccd-951f-d5aa4dea1cee’,
costMode:’3decd8c1-e458-4085-bb5c-fab26e71432b’,
costPct:’b6bf5767-e12f-4c46-aec2-06a7eba263f3′,
costAmt:’e9cb6264-8168-4b6d-81ff-c4ed51212e4f’,
associated:’aaa3b1a0-7c1d-4e01-aa7b-069a6335ff7d’,
extraction:’fdce52bf-c76f-449c-a63b-bce9e7906c6b’,
extractionPct:’8bd621d8-8eef-4114-9db9-d0f5f7c17963′,
shareholders:’c441faed-5bf9-4290-9335-37c9aba50a40′,
shName:’fe7f6621-acd1-42b9-b4fc-37ca29cbaf1a’,
shShare:’9df50ba8-ff5a-454a-9748-4bb9cb45f5c8′,
shResident:’e5601232-087b-4db0-8d4a-4b4a91cbbeb3′,
shOtherIncome:’3843a208-bb92-4b89-be11-9bd3088b57e9′,
shOtherDiv:’5609d332-3866-48ea-9ca1-4eb519005d46′,
shOptimise:’bce9079f-806e-4f61-b9ec-ea9591cd448f’,
shDividends:’b2b09c3b-0ef8-4ec5-8c29-686d2db85d8a’,
shPension:’5e6320c4-fd4b-4a97-93a0-f9048581c39a’,
// non-UK-resident only (shown when “UK tax resident?” = No)
shEntitledPa:’7c1de2f0-11aa-4b22-9c33-a1b2c3d40001′,
shApplyDivTax:’7c1de2f0-11aa-4b22-9c33-a1b2c3d40002′,
shApplySalaryTax:’7c1de2f0-11aa-4b22-9c33-a1b2c3d40003′,
name:’df54eedb-ec85-410c-b865-c14e5d5983c6′,
reportData:’c8e98065-9275-4fd9-9bbe-607e5eb8e588′
};

var repeater = document.querySelector(‘.crm-repeater[data-repeater-id=”‘ + F.shareholders + ‘”]’);
var mount = document.querySelector(‘.p118-btl-results’);
var reportField = document.querySelector(‘[name=”‘ + F.reportData + ‘”]’);
if (!repeater || !mount) { return; }
var form = repeater.closest(‘form’) || document;

// ── helpers to read the native fields ──────────────────────────────────────
function el(id){ return form.querySelector(‘[name=”‘ + id + ‘”]’); }
function val(id){ var e = el(id); return e ? e.value : ”; }
function num(id){ var v = parseFloat(val(id)); return isFinite(v) ? v : 0; }
function entered(id){ var e = el(id); return !!e && String(e.value).trim() !== ”; }
// read a sub-field inside a given repeater row by its child field id
function rowEl(row, childId){ var w = row.querySelector(‘[data-field-id=”‘ + childId + ‘”]’); return w ? w.querySelector(‘input,select,textarea’) : null; }
function rowVal(row, childId){ var e = rowEl(row, childId); return e ? e.value : ”; }
function rowNum(row, childId){ var v = parseFloat(rowVal(row, childId)); return isFinite(v) ? v : 0; }
function rowYes(row, childId, dflt){ var e = rowEl(row, childId); if (!e) return dflt; if (e.type === ‘checkbox’) return !!e.checked; return e.value === ‘yes'; }

function money(v){ return new Intl.NumberFormat(‘en-GB’,{style:’currency’,currency:’GBP’,maximumFractionDigits:0}).format(isFinite(v)?v:0); }
function percent(v){ return (isFinite(v)?v:0).toFixed(1).replace(‘.0′,”) + ‘%'; }
function escapeHtml(v){ return String(v||”).replace(/[&'”]/g,function(ch){return {‘&':’&’,”:’>’,”‘”:’'’,'”‘:’"’}[ch];}); }

// ── TAX ENGINE (unchanged — same maths as the standalone calculator) ───────
var TAX = {
‘2026’:{pa:12570,basicBand:37700,additionalThreshold:125140,generalRates:[0.20,0.40,0.45],propertyRates:[0.20,0.40,0.45],dividendRates:[0.1075,0.3575,0.3935],dividendAllowance:500,section24Rate:0.20,employeePT:12570,employeeUEL:50270,employeeMain:0.08,employeeUpper:0.02,employerST:5000,employerRate:0.15,ctLowerLimit:50000,ctUpperLimit:250000,ctSmallRate:0.19,ctMainRate:0.25,ctMarginalFraction:0.015},
‘2027’:{pa:12570,basicBand:37700,additionalThreshold:125140,generalRates:[0.20,0.40,0.45],propertyRates:[0.22,0.42,0.47],dividendRates:[0.1075,0.3575,0.3935],dividendAllowance:500,section24Rate:0.22,employeePT:12570,employeeUEL:50270,employeeMain:0.08,employeeUpper:0.02,employerST:5000,employerRate:0.15,ctLowerLimit:50000,ctUpperLimit:250000,ctSmallRate:0.19,ctMainRate:0.25,ctMarginalFraction:0.015}
};
function personalAllowance(ani,eligible,tax){ if(!eligible){return 0;} return Math.max(0,tax.pa-Math.max(0,ani-100000)/2); }
function allocateTax(amount,occupied,rates,zeroRateAllowance,tax){
amount=Math.max(0,amount);occupied=Math.max(0,occupied);zeroRateAllowance=Math.max(0,zeroRateAllowance||0);
var basicAvailable=Math.max(0,tax.basicBand-Math.min(occupied,tax.basicBand));
var basic=Math.min(amount,basicAvailable);var remaining=amount-basic;occupied+=basic;
var higherAvailable=Math.max(0,tax.additionalThreshold-Math.max(occupied,tax.basicBand));
var higher=Math.min(remaining,higherAvailable);remaining-=higher;var additional=Math.max(0,remaining);
var slices=[basic,higher,additional];var totalTax=0;
for(var i=0;i<3;i++){var free=Math.min(slices[i],zeroRateAllowance);zeroRateAllowance-=free;totalTax+=(slices[i]-free)*rates[i];}
return {tax:totalTax,occupied:occupied+higher+additional,slices:slices};
}
function computeIncomeTax(input,tax){
var other=Math.max(0,input.other||0),property=Math.max(0,input.property||0),dividends=Math.max(0,input.dividends||0);
if(input.applyDividendTax===false){dividends=0;}
var ani=other+property+dividends;var allowance=personalAllowance(ani,input.personalAllowance!==false,tax);var remainingPA=allowance;
var otherTaxable=Math.max(0,other-remainingPA);remainingPA=Math.max(0,remainingPA-other);
var propertyTaxable=Math.max(0,property-remainingPA);remainingPA=Math.max(0,remainingPA-property);
var dividendTaxable=Math.max(0,dividends-remainingPA);var occupied=0,total=0;
var a=allocateTax(otherTaxable,occupied,tax.generalRates,0,tax);total+=a.tax;occupied=a.occupied;
var b=allocateTax(propertyTaxable,occupied,tax.propertyRates,0,tax);total+=b.tax;occupied=b.occupied;
var c=allocateTax(dividendTaxable,occupied,tax.dividendRates,tax.dividendAllowance,tax);total+=c.tax;occupied=c.occupied;
return {tax:total,allowance:allowance,ani:ani,taxable:occupied};
}
function employeeNIC(salary,tax,statePensionAge,apply){ if(!apply||statePensionAge||salary<=tax.employeePT){return 0;} return Math.max(0,Math.min(salary,tax.employeeUEL)-tax.employeePT)*tax.employeeMain+Math.max(0,salary-tax.employeeUEL)*tax.employeeUpper; }
function employerNIC(salary,tax,apply){ if(!apply||salary<=tax.employerST){return 0;} return (salary-tax.employerST)*tax.employerRate; }
function corporationTax(profit,associated,tax){ if(profit<=0){return 0;} var divisor=associated+1,lower=tax.ctLowerLimit/divisor,upper=tax.ctUpperLimit/divisor; if(profit=upper){return profit*tax.ctMainRate;} return profit*tax.ctMainRate-(upper-profit)*tax.ctMarginalFraction; }
function personalScenario(state,shareholders){
var tax=TAX[state.year];var propertyProfitBeforeInterest=state.rent-state.costs;var totalTax=0,totalCredit=0,totalCash=state.rent-state.costs-state.interest;var rows=[];
shareholders.forEach(function(s){
var propertyProfit=Math.max(0,propertyProfitBeforeInterest*s.share);var interest=state.interest*s.share;
var base=computeIncomeTax({other:s.otherIncome,property:0,dividends:s.otherDividends,personalAllowance:s.personalAllowance,applyDividendTax:s.applyDividendTax},tax);
var full=computeIncomeTax({other:s.otherIncome,property:propertyProfit,dividends:s.otherDividends,personalAllowance:s.personalAllowance,applyDividendTax:s.applyDividendTax},tax);
var adjustedAboveAllowance=Math.max(0,full.ani-full.allowance);var creditBase=Math.min(interest,propertyProfit,adjustedAboveAllowance);
var credit=Math.max(0,creditBase*tax.section24Rate);var incremental=Math.max(0,full.tax-credit-base.tax);
totalTax+=incremental;totalCredit+=credit;
});
return {tax:totalTax,credit:totalCredit,cashAfterTax:totalCash-totalTax,combinedWealth:totalCash-totalTax};
}
function dividendAllocations(dividendPool,shareholders){
var participants=shareholders.filter(function(s){return s.receivesDividends;});var participatingShares=participants.reduce(function(sum,s){return sum+s.share;},0);var result={};
shareholders.forEach(function(s){result[s.index]=0;});if(dividendPool<=0||participatingShares<=0){return result;}
participants.forEach(function(s){result[s.index]=dividendPool*(s.share/participatingShares);});return result;
}
function companyScenario(state,shareholders,salaries){
var tax=TAX[state.year];var operatingProfit=state.rent-state.costs-state.interest;var employerNi=0,totalSalary=0;
shareholders.forEach(function(s,i){var salary=Math.max(0,salaries[i]||0);totalSalary+=salary;employerNi+=employerNIC(salary,tax,s.applySalaryTax);});
var preCT=operatingProfit-totalSalary-employerNi;if(preCT0){return null;}
var ct=corporationTax(preCT,state.associated,tax);var postCT=preCT-ct;var dividendPool=Math.max(0,postCT)*state.extractionPct;
var dividendByShareholder=dividendAllocations(dividendPool,shareholders);var personalTax=0,employeeNi=0,netCash=0,rows=[];
shareholders.forEach(function(s,i){
var salary=Math.max(0,salaries[i]||0);var dividend=dividendByShareholder[s.index]||0;
var base=computeIncomeTax({other:s.otherIncome,property:0,dividends:s.otherDividends,personalAllowance:s.personalAllowance,applyDividendTax:s.applyDividendTax},tax);
var taxableSalary=s.applySalaryTax?salary:0;
var full=computeIncomeTax({other:s.otherIncome+taxableSalary,property:0,dividends:s.otherDividends+dividend,personalAllowance:s.personalAllowance,applyDividendTax:s.applyDividendTax},tax);
var incomeTax=Math.max(0,full.tax-base.tax);var eni=employeeNIC(salary,tax,s.statePensionAge,s.applySalaryTax);
personalTax+=incomeTax;employeeNi+=eni;netCash+=salary+dividend-incomeTax-eni;
rows.push({name:s.name,resident:s.resident,salary:salary,dividend:dividend,incomeTax:incomeTax,employeeNi:eni,net:salary+dividend-incomeTax-eni});
});
var retained=postCT-dividendPool;var combinedWealth=retained+netCash;
return {operatingProfit:operatingProfit,employerNi:employerNi,employeeNi:employeeNi,ct:ct,dividendPool:dividendPool,personalTax:personalTax,retained:retained,combinedWealth:combinedWealth,rows:rows};
}
function salaryOptimisationLimit(s,state,tax){ if(!s.optimiseSalary||!s.personalAllowance){return 0;} var dividendsForAllowance=s.applyDividendTax?s.otherDividends:0;var allowance=personalAllowance(s.otherIncome+dividendsForAllowance,true,tax);var unusedAllowance=Math.max(0,allowance-s.otherIncome);var companyCashProfit=Math.max(0,state.rent-state.costs-state.interest);return Math.min(unusedAllowance,companyCashProfit); }
function candidateSalaries(s,state,tax){ var limit=salaryOptimisationLimit(s,state,tax);if(limit<=0){return [0];}var values=[0,Math.min(limit,tax.employerST),Math.min(limit,tax.employeePT),limit];var step=limit<=5000?50:100;for(var x=0;x<=limit;x+=step){values.push(x);}var unique={};values.forEach(function(v){v=Math.max(0,Math.min(limit,Math.round(v/10)*10));unique[v]=true;});return Object.keys(unique).map(Number).sort(function(a,b){return a-b;}); }
function optimiseSalaries(state,shareholders){
var tax=TAX[state.year];var salaries=shareholders.map(function(){return 0;});var best=companyScenario(state,shareholders,salaries);if(!best){return null;}
for(var pass=0;pass<8;pass++){var changed=false;
for(var i=0;ilocalBest.combinedWealth+0.01){localBest=result;localSalary=candidate;}});
if(localSalary!==salaries[i]){salaries[i]=localSalary;best=localBest;changed=true;}}
if(!changed){break;}}
for(var j=0;j<shareholders.length;j++){if(!shareholders[j].optimiseSalary){continue;}var current=salaries[j],limit=salaryOptimisationLimit(shareholders[j],state,tax);
for(var c2=Math.max(0,current-500);c2best.combinedWealth+0.01){best=result;salaries=trial;}}}
return best;
}

// ── read the form ──────────────────────────────────────────────────────────
function getState(){
var costMode=val(F.costMode)||’percent';var rent=num(F.rent);
var costs=costMode===’amount’?num(F.costAmt):rent*(num(F.costPct)/100);
var extractionMode=val(F.extraction)||’retain';
var extractionPct=extractionMode===’retain’?0:(extractionMode===’all’?1:num(F.extractionPct)/100);
return {year:val(F.year)||’2026′,rent:rent,interest:num(F.interest),costs:costs,associated:Math.max(0,Math.floor(num(F.associated))),extractionMode:extractionMode,extractionPct:Math.max(0,Math.min(1,extractionPct))};
}
function getShareholders(){
var rows=repeater.querySelectorAll(‘.crm-repeater-row’);
return Array.prototype.map.call(rows,function(row,index){
var resident=rowVal(row,F.shResident)!==’no';
return {index:index,name:(rowVal(row,F.shName)||”).trim()||(‘Shareholder ‘+(index+1)),share:Math.max(0,rowNum(row,F.shShare))/100,resident:resident,
otherIncome:Math.max(0,rowNum(row,F.shOtherIncome)),otherDividends:Math.max(0,rowNum(row,F.shOtherDiv)),
optimiseSalary:rowYes(row,F.shOptimise,true),receivesDividends:rowYes(row,F.shDividends,true),statePensionAge:rowYes(row,F.shPension,false),
// UK residents get full PA + UK dividend/PAYE treatment; for a non-resident
// read the three conditional fields (defaults match the original: PA off,
// dividend tax off, salary PAYE/NI on).
personalAllowance:resident?true:rowYes(row,F.shEntitledPa,false),
applyDividendTax:resident?true:rowYes(row,F.shApplyDivTax,false),
applySalaryTax:resident?true:rowYes(row,F.shApplySalaryTax,true),
entered:{share:String(rowVal(row,F.shShare)).trim()!==”}};
});
}
function personName(){
var f=form.querySelector(‘[name=”‘+F.name+'[first]”]’),l=form.querySelector(‘[name=”‘+F.name+'[last]”]’);
return ((f?f.value:”)+’ ‘+(l?l.value:”)).trim();
}

// ── render + report_data ────────────────────────────────────────────────────
function showMessage(msg){ mount.innerHTML=’

‘; if(reportField){reportField.value=”;} }

function recompute(){
var state=getState();var shareholders=getShareholders();
if(!entered(F.rent)||state.rent0.0001){ return showMessage(‘Ownership percentages must total 100% (currently ‘+percent(shareTotal*100)+’).’); }
var personal=personalScenario(state,shareholders);
var optimised=optimiseSalaries(state,shareholders);
if(!optimised){ return showMessage(‘No feasible salary combination for these figures.’); }

var diff=optimised.combinedWealth-personal.combinedWealth;var cls=diff>=0?’p118-pos':’p118-neg';
var headline=diff>=0?’The optimised company structure leaves an estimated ‘+money(diff)+’ more in combined cash and retained profit each year.':’Personal ownership leaves an estimated ‘+money(Math.abs(diff))+’ more cash each year.';
var nonResident=shareholders.some(function(s){return !s.resident;});
var html=’

‘;
mount.innerHTML=html;

if(reportField){
reportField.value=JSON.stringify({
name:personName()||undefined,taxYear:state.year,rent:state.rent,costs:state.costs,interest:state.interest,
personal:{tax:personal.tax,credit:personal.credit,combinedWealth:personal.combinedWealth},
company:{operatingProfit:optimised.operatingProfit,ct:optimised.ct,nationalInsurance:optimised.employerNi+optimised.employeeNi,personalTax:optimised.personalTax,dividendPool:optimised.dividendPool,retained:optimised.retained,combinedWealth:optimised.combinedWealth,
shareholders:optimised.rows.map(function(r){return {name:r.name,resident:r.resident,salary:r.salary,dividend:r.dividend,incomeTax:r.incomeTax,employeeNi:r.employeeNi,net:r.net};})}
});
}
return true;
}
function cell(v){ return ‘ ‘+v+’

‘; }
function row2(label,a,b){ return ‘
‘+cell(escapeHtml(label))+cell(a)+cell(b)+’

‘; }

// ── two-step flow: “Calculate comparison” computes + reveals the report step ─
var revealed=false;
var resultsField=mount.closest(‘.crm-field’)||mount;
var submitWrap=form.querySelector(‘.crm-submit’);
// Everything AFTER the results mount is the “Get your free PDF report” step —
// hidden until the user calculates. (Submit lives outside the field flow on
// the WP render, so handle it explicitly too.)
var reportEls=[];var sib=resultsField.nextElementSibling;
while(sib){reportEls.push(sib);sib=sib.nextElementSibling;}
function setReportVisible(v){
reportEls.forEach(function(e){e.style.display=v?”:’none';});
if(submitWrap){submitWrap.style.display=v?”:’none';}
}
setReportVisible(false);

// Conditional inputs — show cost %/amount + extraction % based on the selects,
// like the original calculator. Runs on load + on every change.
function showField(id,show){ var e=el(id); var w=e?e.closest(‘.crm-field’):null; if(w){ w.style.display=show?”:’none'; } }
// Per shareholder row: the three UK-treatment fields are only relevant to a
// non-UK-resident, so reveal them only when that row’s “UK tax resident?” = No
// (exactly like the standalone calculator).
function toggleShareholderRow(row){
var nonRes = rowVal(row,F.shResident)===’no';
[F.shEntitledPa,F.shApplyDivTax,F.shApplySalaryTax].forEach(function(cid){
var w = row.querySelector(‘[data-field-id=”‘+cid+'”]’);
if(w){ w.style.display = nonRes ? ” : ‘none'; }
});
}
function toggleShareholderRows(){ Array.prototype.forEach.call(repeater.querySelectorAll(‘.crm-repeater-row’),toggleShareholderRow); }
// Checkbox fields can’t be default-checked via the field config, so seed each
// row’s defaults once (salary optimisation + dividend allocation + PAYE/NI on;
// everything else off). Marked so a user un-tick is never re-applied.
function initShareholderRow(row){
if(row.getAttribute(‘data-p118-init’)===’1′){return;}
row.setAttribute(‘data-p118-init’,’1′);
[F.shOptimise,F.shDividends,F.shApplySalaryTax].forEach(function(cid){
var e=rowEl(row,cid); if(e&&e.type===’checkbox’){e.checked=true;}
});
// “UK tax resident?” renders with a blank “— Select —”; default it to Yes.
var res=rowEl(row,F.shResident); if(res&&res.tagName===’SELECT’&&!res.value){res.value=’yes';}
}
function initShareholderRows(){ Array.prototype.forEach.call(repeater.querySelectorAll(‘.crm-repeater-row’),initShareholderRow); }
function toggleConditional(){
var cm=val(F.costMode)||’percent’, ex=val(F.extraction)||’retain';
showField(F.costPct, cm===’percent’);
showField(F.costAmt, cm===’amount’);
showField(F.extractionPct, ex===’partial’);
toggleShareholderRows();
}
initShareholderRows();
toggleConditional();
form.addEventListener(‘change’, toggleConditional);

var calcBtn=document.createElement(‘button’);
calcBtn.type=’button';calcBtn.className=’p118-btl-calc-btn';calcBtn.textContent=’Calculate comparison';
if(resultsField.parentNode){resultsField.parentNode.insertBefore(calcBtn,resultsField);}
calcBtn.addEventListener(‘click’,function(){ if(recompute()){ revealed=true; setReportVisible(true); } });

// Once the report step is showing, keep the figures live as they tweak inputs.
var t;
function schedule(){ if(!revealed){return;} clearTimeout(t); t=setTimeout(recompute,120); }
form.addEventListener(‘input’,schedule);
form.addEventListener(‘change’,schedule);
document.addEventListener(‘crm-repeater-change’,function(e){ if(repeater.contains(e.target)||e.target===repeater){ initShareholderRows(); toggleShareholderRows(); if(revealed){ schedule(); } } });

// Title + intro at the very top, matching the standalone calculator.
if (form && form.tagName === ‘FORM’ && !form.querySelector(‘.p118-btl-header’)) {
var header=document.createElement(‘div’);
header.className=’p118-btl-header';
header.innerHTML=’

Buy-to-let tax comparison calculator

Compare the estimated annual position where a residential property business is owned personally or through a limited company. Property information is entered first, followed by each owner or shareholder.

‘;
form.insertBefore(header, form.firstChild);
}

// Static disclaimers — always visible below the form (as in the standalone
// calculator). Appended outside the so the two-step reveal never hides them.
var notes=document.createElement(‘div’);
notes.className=’p118-btl-notes';
notes.innerHTML=’

This calculator is an indicative comparison for England, Wales and Northern Ireland. It does not calculate SDLT, CGT, ATED, Employment Allowance, pension contributions, student loans, Gift Aid, Marriage Allowance, High Income Child Benefit Charge, brought-forward losses or brought-forward finance costs. It does not model overseas tax or individual double-taxation treaties. Any salary must relate to genuine work performed for the company.

‘+
‘

If the company is structured with multiple classes of shares, it may be possible for the founders or directors to distribute profits in proportions that differ from the overall shareholdings. The structure may also allow the value of the founders’ shares to be frozen, with future growth allocated to other share classes to incentivise the next generation and support longer-term inheritance tax planning.

‘;
(form.parentNode||form).appendChild(notes);

showMessage(‘Enter your figures above, then press Calculate comparison.’);
})();

The post Realising gains before CGT changes: the new reason landlords are selling appeared first on Property118.

View Full Article: Realising gains before CGT changes: the new reason landlords are selling

Generation Rent rent freeze campaign targets Angela Rayner

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Property118

Generation Rent rent freeze campaign targets Angela Rayner

Private renters are being encouraged to press new Housing Secretary Angela Rayner to bring in a rent freeze with a targeted postcard campaign.

Generation Rent has launched a postcard drive asking the government to restrict how much landlords can increase rents.

The campaign group says England has not had what it describes as proper rent controls since 1988.

It claims the number of private renters has risen by around 1,200% during that period.

Rents cost more

As part of its argument, the organisation says a basic 10-item food shop would cost nearly £120 today had grocery prices increased at the same rate as rents.

That would be more than five times the amount shoppers currently pay, it adds.

Generation Rent also says more than a third of private renters are living in poverty.

It argues that another inflation spike would increase the pressure on households and has called for ministers to introduce a limit on rent rises.

Tell Angela your details

The campaign is using physical postcards rather than relying solely on emails.

Renters can include details of their own experiences before the cards are sent to the Housing Secretary.

According to the group, printed correspondence carrying personal accounts is more likely to remain with politicians and can provide a more effective way of reaching decision-makers.

The postcards were designed by Generation Rent and cost £2.75 to send one or supporters can contribute towards the cost of a card for somebody on a lower income.

A limited number can also be sent free of charge.

The post Generation Rent rent freeze campaign targets Angela Rayner appeared first on Property118.

View Full Article: Generation Rent rent freeze campaign targets Angela Rayner