From April 2019 there will be a requirement for capital gains tax to be paid within 30 days of completion of any disposal of residential property. This will be a significant shift away from the current system where the payment window is between 10 and 22 months. The change will affect buy to let property and second homes where the gain is not covered by private residence relief.

If you are selling property in the Bromley / Westerham area and would like to discuss the tax and accounting involved please contact us