Can letting relief apply if main residence has been claimed on another property?
Entrepreneurs’ relief and assets sold within three years of business cessation
Advice required on the tax-efficient structuring of a new letting business
Tax planning opportunities for farmers considering land development
HMRC are consulting on legislation to replace the long-standing extra-statutory concession (ESC) D33.
The concession covers a number of circumstances in which a capital sum is received as compensation or damages for a right of action that is capital in the hands of the recipient and subject to capital gains tax under TCGA 1992, s 22.
It does not apply where a capital sum has been derived from any other type of asset including statutory rights or contractual rights.
Sabaratnam Deveraj (TC03834)
Is a fraudulent sale of assets, later reinstated, a capital gains tax disposal?
The importance and usefulness of employee-ownership trusts
A restriction to the associated disposals rules for entrepreneurs’ relief?
Capital gains tax on a property occupied by widowed mother-in-law
The tax consequences of a gift of a main residence annexe to the owners’ children
Preserving capital allowances entitlement on a property transfer