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Capital Gains

Why did the government axe entrepreneurs’ relief in relation to incorporation?

Deemed periods for the purpose of claiming only or main residence relief

Does the cessation of trading affect the liability on future dividend payments?

Advantages and disadvantages of selling a property to a company

TA Hartland (TC4187)

Items that can be treated as fixed plant

Impending changes to capital gains relief for only or main residence

Does a written agreement constitute a trust and therefore allow a main residence exemption claim?

Costs associated with building a house in the garden of an existing property

How gift aid works, and the special schemes it offers

Potential CGT reliefs on the sale of farmland to pay for a farmhouse

The government has scrapped plans to abolish the capital gains tax (CGT) main residence election.

Treasury officials intended to replace the measure with fact-based tests to decide which property would benefit from only or main residence relief, as part of proposals to implement a CGT charge on UK non-residents.

But a change of policy means a non-residents investing in UK residential property and UK residents investing in non-UK property will instead have to meet an occupation requirements.

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