Lloyds Bank

A tax time bomb is ticking for an rising number of people that have been fortunate enough to see big gains in the values of their properties. Capital positive aspects from the sale of a house are at present tax-free up to $250,000 for people and $500,000 for couples in most cases. But 10 years from now, many householders may have positive aspects that exceed the tax-free threshold, assuming annual progress in costs of 3.5 {c8c5152b15de86c7c9b6f46b7c8a4d2f2736877343906883c3bce42e5bc35567} and no additional improvements to the property.

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