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Land & property

IHT business property relief on AIM shares can be lost easily

Management of farmland can be crucial to agricultural property relief claims

F Swain, H Swain, Clarisa Ltd (TC3896)

Lorna Watson (TC3738)

The government is looking at whether changes should be made to the way property authorised investment funds (PAIFs) and co-ownership authorised contractual schemes (CoACSs) are treated for stamp duty land tax (SDLT) purposes.

HM Treasury has launched a consultation, Stamp Duty Land Tax: Rules for Property Investment Funds, which sets out proposals and how they ought to be implemented, and seeks views on the potential design.

Could a furnished holiday let be treated as a simple residential letting?

R (on the application of St Matthews West Ltd and others) v HM Treasury (and related applications), Queen’s Bench Division

Can a charge be avoided on a transfer of land from stock to fixed assets?

VAT has been charged on rent in error; what, if any, liability might arise on sale?

Capital gains tax on a property occupied by widowed mother-in-law

Looking ahead to Scotland’s land and buildings transaction tax

Portland Gas Storage Ltd v CRC, Upper Tribunal (Tax and Chancery Chamber)

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