Category Archives: Capital Gains Tax

property advice alexander accountancy burton on trent

What is Tangible Moveable Property?

17th December 2020 Posted by -

A chattel is a legal term that defines an article which is a tangible moveable property. A tangible object is one that you can touch. The asset has to be a physical asset such as household furniture, paintings, antiques, items of crockery and china,

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Property tax experts, Alexander Accountancy Burton on Trent

Do you owe CGT on the sale of a residential property?

10th December 2020 Posted by -

HMRC has issued a press release to remind taxpayers that have sold a residential property, which was not their main home, during the 2019-20 tax year that the payment date for any Capital Gains Tax (CGT) owed is 31 January 2021. Due to the impact of

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