HMRC has confirmed that they will extend the normal three year limit for refunds of higher rate Stamp Duty Land Tax (SDLT) if a sale of a previous main residence was prevented due to the government’s coronavirus lockdown restrictions.
The government has temporarily extended the time limit for notifying them of the decision to opt to tax land and buildings to 90 days.
From April 2020, there are changes to how long you have to pay your Capital Gains Tax (CGT) when selling residential property.
If you inherited a property that you then sold for less than the property was valued upon death, you could get a refund for the difference of the Inheritance Tax.
Any non-resident landlord (NRL) company with a UK property business will pay Corporation Tax instead of Income Tax from 6 April 2020.