MWL FINANCIAL GROUP
SECTION – PROPERTY EXPERT
SUBJECT – Revenue versus Capital
Hi I'm Jeff Banks, Business Advisor with over 30 years experience at MWL Financial Group specialising in property transactions.
Am I investing in property or am I showing enterprise and appearing to trade in property i.e. is it a revenue or a capital transaction.
The distinction means significant differences in the way you are taxed on the profits you make from the property. Investment generally means CGT and the 50% general exemption, whereas enterprise means paying tax on the entire profit generated from a property sale.
For more information contact us at firstname.lastname@example.org and either me, Jeff Banks or one of our experts will be more than happy to help.