Reply To: Change in CGT


Hi D, yes I’ve looked there but, unless I’m missing it (which is why I asked Drakan), I can’t find anything as yet which leads me to believe that the legislation still hasn’t gone through. If Hacienda is going to be “losing” all this revenue from the reduction in CGT in non-residents’ house sales then they are going to have to recoup it from elsewhere. Will the proposed 1% increase in CGT from residents make up the difference?