HMO
Houses of Multiple Occupancy Nigel Holland Overview A house in multiple occupation (HMO) is a property rented out by at least 3 people who are not from 1 ‘household’ (for example a family) but share facilities like the bathroom and kitchen. It’s sometimes...Tax when you sell property
You may be liable to pay Capital Gains Tax if you make a profit (‘gain’) when you sell (or ‘dispose of’) property that’s not your home, for example: buy-to-let propertiesbusiness premiseslandinherited property The rules are different if you: sell your...
David K Crossley CTA, ATT
Member of the Chartered Institute of Taxation