avoid

Tenants in Common to Avoid Care Home Fees

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tenants in common to avoid care home fees

As the cost of care homes continues to rise, many people are looking for ways to protect their assets from being used to pay for care. One option is to become a tenant in common of your property with someone else. When you are a tenant in common, you own a share of the property … Read more

How to Avoid Capital Gains Tax on Second Homes UK

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how to avoid capital gains tax on second homes uk

Capital gains tax (CGT) is a tax on the profit you make when you sell an asset, such as a second home. The UK government taxes profits from the sale of second homes at a rate of 18% or 28%, depending on your income tax band. If you’re planning to sell your second home, there … Read more