Henry Brown & Co Chartered Accountants
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Concerns at capital gains payment plan

16-04-2018

HMRC has put forward plans to speed up CGT payments for residential property sales. A consultation document proposes that a payment on account of CGT will need to be made to HMRC within 30 days of any residential property sale. Nimesh Shah of Blick Rothenberg says the move could have the consequence of creating cash flow and compliance issues for individuals and investors.

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