buy-to-let

adj 1noun 1

Definitions

adj

1

Describing, or relating to, a property bought as an investment, the purchaser letting it to others rather than living in it.

noun

1

A property of this kind.

That doesn’t mean property is untouchable from a CGT standpoint. An easier target will be second homes and buy-to-lets; the CGT rate could be aligned with income tax rates – at 20%, 40% and 45% – meaning that the tax take on buy-to-let disposals would rise sharply.

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