Mill Hill East Transport (before the bean counters cut it all)

 

Sunday, 2 December 2012

Daily Telegraph: " 'Garden tax' clampdown facing homeowners with large grounds"


Link to Daily Telegraph

"Those with more than 1.23 acres of land face having to pay a 28 per cent levy on gains on the sale of a home.

"The new stance by tax authorities, reviving the enforcement of rules on the statute book since the 1960s, threatens to upset the long-held assumptions of many that profits from the sale of one's main home are exempt from tax."

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