Non-residents and real estate - Budget 2017: extension of capital gains

United Kingdom

Following on from our initial publication on these proposals, we have been engaging with both clients and industry bodies on the issues the market is facing. Whilst it is expected that the changes will come into force, ideally, a balance should be struck between honouring Government policy and safeguarding the future of the UK real estate industry. In our response to the consultation, our focus will therefore be on what can be done to protect stakeholders in the real estate market.

Please see our previous publication, Tax Guide: non-residents and real estate budget 2017.