Landlords will be offered CGT exemption by Conservatives

by Property118.com News Team 9:41 AM, 11th June 2024, About 12 hours ago 20 Text Size The Conservative Party’s manifesto will be published today with a pledge to eliminate capital gains tax (CGT) for landlords, the Daily Telegraph reports. However, the exemption will only be for those landlords who sell their property to a sitting tenant. The initiative will run for two years with the aim of boosting the housing market and helping renters achieve homeownership. The new rule would …