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How has yesterday's budget announcement affected Residential Property

Following the budget on the 27th October 2021, there are no headline grabbing announcements in the property buying and selling world. The regimes relating to stamp duty land tax and capital gains tax (CGT) remain largely untouched, although taxpayers have been given longer to pay CGT bills; they now have 60 days from the date of disposal as opposed to 30 days. 

The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute, legal advice, and should not be relied upon as advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article. All content was correct at the time of publishing. Legal advice should always be sought in relation to specific circumstances.