Capital Gains

Go to page of 65

De-grouping charge; value shifting rules; losses following change of ownership

A husband and wife live in different properties, although they have not formally separated and they do holiday together

A family own shares in a property development company and are also the partners in a property investment partnership

A mother lives in a house, half of which is owned by her children who acquired it from their father when their parents divorced

There have been important capital gains tax changes this year. BARRY HALLAM explains

Communal areas reclassified as dwelling-houses

Gold investment; wills and CGT implications; inheritance and CGT shares; and family loan agreements

A barn is purchased and several years later it is converted to a dwelling that is then used as a main residence. Most of the gain relates to the increase in value of the dwelling.

Some years ago, a company was dissolved and its director was made bankrupt. However, the director owed the company £75,000 and HMRC contend that there is a liability under TA 1988, s 421 for 2009/10

Trust and estates in-year cessation cases

KEVIN SLEVIN examines the future of share-for-QCB exchanges and the new rules for EIS relief

An investment property is to be given by a father to his son. The son and the son’s girlfriend will use the property as their main residence

Show

Results

Go to page of 65

Newsletter sign-up Subscribe

READERS' FORUM premium icon

Read All

Tax tip: Budget and employer NIC Readers’ forum: Tax position on indexation increase Readers’ forum: Residence nil-rate band and nursing home fees Readers’ forum: Reclaiming VAT on costs incurred by charity Readers’ forum: Is setting up an employee benefit fund a good idea?