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Budget 2012: Government to offer tax breaks on property deals to draw money into buy-to-let sector

Posted on 19 March 2012

Property investors are to be offered tax breaks on deals in an attempt by the Government to attract spending into the UK and ease Britain’s housing shortage.
George Osborne, the Chancellor, is expected to confirm in the Budget this week that the Government will significantly loosen the regulations for Real Estate Investment Trusts, which do not pay capital gains tax on property………………………………………..Full Article: Source


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