John

Hi, can I please confirm that if I sell some empty land (fields) to a developer it is classed as a non-residential property disposal, even if the developer has got planning permission to build residences on it (but has not started construction)? Thanks

If I'm supposed to pay within 60 days, but it's taking ten weeks to send the X number, I assume I won't be penalised?

Hi, I wonder if someone can help with this question. I have rounded the numbers for simplicity. I am a UK non-resident and have disposed of a UK residential property. I have no UK taxable income and am entitled to a full UK personal allowance. If my taxable capital gain (so after CGT allowance etc deducted) is £15,000, do I have to pay 18% CGT on the whole £15,000 or 0% on the first £12,570 and then 18% on the remainder. I have a horrible feeling I am going to be told I have to pay 18% on the full amount. That seems a little unfair? I see if you haveincome plus a gain that takes you from the basic rate band to the higher rate band you pay 18% on the amount left in your basic rate band and 28% on the rest. Shouldn't this marginal approach apply from 0 to 18% too? Is it really the case that if you have no UK income but a gain of say £5k on a property you have to pay 18% of £5k? I'd be really grateful for any help! Many thanks..