The Mudcat Café TM
Thread #171879   Message #4162040
Posted By: Bonzo3legs
11-Jan-23 - 04:33 AM
Thread Name: BS: Brexit & other UK political topics - 2
Subject: RE: BS: Brexit & other UK political topics - 2
Folks planning to sell a second property should:
1 Transfer half to spouse if not already done so
2 Make sure completion takes place before 31/03/23

Then 2 x £12,300 tax free allowances are available compared with 2 x £6,000 for sales after 01/04/23, or just £12,300 (pre 31/03/23) and £6,000 (post 01/04/23) if owned 100%!!!