Selling property: Will your taxes skyrocket by 1,000% post Budget announcement?
[ad_1] With the new rules effective from 23 July, the shift from a 20% LTCG tax rate with indexation benefits to a reduced rate of 12.5% without indexation could dramatically increase your tax burden from property sales, especially for those who have seen modest appreciation in their investments. As the real estate markets grapple with…