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Hard Nut
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The problem is that most people who have owned a house without intending on letting it/selling it in 5he future would not automatically keep records of improvement costs and the HMRC would rarely allow deduction without receipts. Moreover, house prices increase the longer you live somewhere so are we just supposed to move every few years to avoid gains above a threshold? Legalised robbery if this comes in like the recent retrospective CGT changes.
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From: Hard Nut
25 July 2020 00:30 AM