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The kinks

22 July 2008 / Richard Curtis
Issue: 4176 / Categories: Comment & Analysis , Taxpayers charter , Admin , Capital Gains , Losses
Has the taxman taken all we've got? RICHARD CURTIS reviews the eleventh and twelfth sittings on the Finance Bill 2008

KEY POINTS

  • Transitional relief for charities.
  • Ensuring that CITR relief applies as intended.
  • Artificial losses from leasing arrangements.
  • The intention of double tax relief is confirmed.
  • Limited loss relief for non-active traders.
  • Combating tax avoidance via financial arrangements.

The Financial Secretary to the Treasury Jane Kennedy opened the eleventh sitting of the Public Bill Committee's consideration of the Finance Bill...

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