The Capital gains tax on properties

CapitalGainsOnPropertyDo you have gains tax on the profit when you sell your property? 
This is a way for the government to get tax income on a profit you may or may not have.

In some countries, there is a capital gains tax when you sell your property, if and only if you have made a profit.  But this capital gains tax is subject to fairness…..

Lets assume you buy a property in 1990 for £100.000. Normally a property gain value each year with a few percent. Lets also assume you wish to sell the property for the market value of £172.295 in 2015. Then you would need to pay taxes on the capital gain of the property increase of £72.295.

If the average inflation rate has been 2,2% each year, then the value of the money, £172.295 in 2015 has the same real value as £100.000 in 1990, which is the exact sum you bought your property for.  So in reality, you are paying capital gains tax on a value that really isn’t any capital gain.  You are paying capital gains tax on the general value increase due to inflation, and not on any profit.

If you had sold your property for a market value above the £172.295, then you would have made a profit.  And in all fairness, perhaps you should only pay capital gains tax on the profit above inflation increase...??

Our Easy Steps To Success

Let’s start creating your financial success today
1. Personal contact When you contact us, interested in investing with our company, we set up a personal meeting. Depending on your location, that could be a one to one face to face, via Skype or any other means of communication. The point being you get a personal contact within our company.
2. Personal solutionAs the next step in the process, we listen to all you questions and provide you with answers on everything you want to know. Then we set up a personal investment solution from your preferences.
3. Investing The third step in the process is the actual investment; setting up contract, transferring money and making out a receipt of the transfer.
4. Follow up You will be able get continuous information on the projects we are investing in, so that you may follow up on your investment. You may also follow our investments, projects and other work via social media.

Legal and functional disclaimer

Wesley Enterprises Invest or any other corporation in the Wesley Enterprises Group (hereafter called WEG) is not in the service of giving legal or financial advice.  Any information presented on this web site or any other source of information from WEG, is provided "as is" only for informational and educational purposes.  The information provided is not, and cannot ever be, intended either as financial investment advice or legal advice.

The reader (hereafter called Reader) is hereby aprised that the Reader need to conduct his or her own due dilligence before acting, and shall not act soley on the information here provided. The Reader is also hereby reminded that all and every kind of investing can be a risky enterprise, which can result in capital loss, as well as capital gain.

Any individual who choose to act upon the information provided should always seek independent advice from professional advisors.

Copyright 2017 Wesley Enerprises Invest Ltd. This publication is protected under copyright laws. All rights reserved. Reader may not sell the information.

Contact us
NOTICE: You need to enter a Google Private Key in the admin of area of Contact Popup
NOTICE: You need to enter a Google Public Key in the admin of area of Contact Popup

Contact us