Expect an erratic property transfer window before the year ends and into the New Year as the new tax dispensation that ushers in a tripled capital gains tax (CGT) takes effect on January 1.
This is the verdict of property tax experts who say there could be a significant increase in the number of properties exchanging hands as dealers rush to beat the deadline of the implementation of the new CGT laws and a subsequent lull after that as transaction advisers script the best tax avoidance routes.
