B Foulser (TC3609)
John Hargreaves v CRC, Upper Tribunal (Tax and Chancery Chamber)
Key features of the incorporation and disincorporation reliefs in TCGA 1992
Main residence relief on properties built on unused business premises
F Swain, H Swain, Clarisa Ltd (TC3896)
The government has published an update to the consultation Implementing a Capital Gains Tax Charge on Non-Residents, covering the extension of capital gains tax (CGT) to non-resident individuals and close companies.
The consultation, launched in March, explained how pension funds and other diversely owned collective investment funds were not intended to be brought in scope of the extension of CGT to non-residents.
Tax consequences of the deferred payment of loan interest or rent
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.