SHARON ANSTEY considers the application of the Ramsay principle to capital loss schemes after Barclays Mercantile Business Finance Limited v Mawson [2005] STC 1.
We act for an elderly widow. Before 17 March 1986, she gave half of her main house to her daughters. She has lived in it ever since without paying rent. Our client has a country cottage, too, but...
Returning expatriates often ask for tax advice shortly before (or after) they return, when it is generally too late to take advantage of their non-resident status. They will be resident from the...
My clients have recently purchased an old public house, which I believe may be a listed building and which they intend to convert into their main residence. The pub is very large and they advise me...
A husband and wife purchased five acres of land with 'hope' value in 1986 at a cost to them of £100,000. This land has been held as the partnership's only trading stock and a partnership tax return...