Jul
6

RLA tax demands submitted to Government

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RLA evidence on Stamp Duty, Mortgage Interest Relief and Capital Gains Tax has been officially submitted to Government.
The association’s submission to the Finance Bill committee has called for new build properties to be exempted from the new Stamp Duty levy. It is also calling for Mortgage Interest Relief to apply only to new borrowing and for Capital Gains Tax to be reduced to 20% where a landlord is selling a property to a sitting tenant.
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