Capital Gain Tax on Property Capital Gain tax on a property is the tax you pay on the profit you have made by selling or disposing a property that is not your home property, i.e., Second homes or holiday homes Buy-to-let properties. Business premises Inherited property Rental properties Any property that is not your…
Capital Gain tax (CGT) is a tax you pay on the gains you have made by selling or disposing an asset. Disposing an asset includes selling it, giving it away as a gift, swapping it with someone else, or getting compensation of it, like an insurance pay out when it’s lost or destroyed. Capital…
Buying a house is personally and financially one of the most crucial decisions. Statistically it is an important financial goal of about 70 percent of the working population and nearly 80 percent of the working population takes mortgage to buy their houses. So, the most responsible thing to do would be to know about various…
Making the correct selection of the mortgage as per your financial health and goals is the most important decision that you need to take in the process getting a mortgage for yourself. This selection process can be broken in to two step first being knowing the various factors that lenders consider and second step would…
Managing your finance starts with getting a checking account which will act as a transactional focal point as you can easily track your income and expenditure. Checking accounts comes with basic features like debit card, online banking and chequebook. Some banks do offer additional features like overdraft and if you are maintaining your credit score…