Disposals of any UK chargeable properties will need to report and pay any capital gains to HMRC within 30 days of completion. This is a significant change to being able to declare it on your self assessment tax return months after the end of the tax year and will affect individuals and landlords disposing of property.
PPR relief is available for the last period of a property that has one point been declared as your home. The period this can apply to is being reduced from the current 18 months down to 9 months.
This is going to be restricted and will only apply where duel occupancy has taken place, thus excluding the majority of rental properties from being able to apply this relief.
If you think you could be affected by the above please get in touch to discuss your options.