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Mr Shields said: “We decided reluctantly to pull the plug. For us and 24 years of owning a property that we bought at £164,000 and sold at £425,000, that would be a heavy capital gains tax bill even at current rates.”
Cnut
So he's pissed at having to pay a bit more tax on £261k (minimum) profit from the sale, on top of the rent that he's been receiving?
https://archive.ph/1uPV2
We’re evicting our 90-year-old tenant because of Labour