The Chancellor’s recent Plan for Growth is a house full of horrors for landlords, warns TaxationWeb’s Lee Sharpe. Introduction The Chancellor’s ... Continue Reading
Mark McLaughlin warns that transactions should be structured correctly to avoid the risk of adverse tax consequences. Introduction Capital gains tax (CGT) relief ... Continue Reading
This article was written by Jennifer Adams for Tax Insider. The question as to whether the letting of property is a trade or an investment has particular relevance ... Continue Reading
Written by Jennifer Adams for Tax Insider. One of the most valuable of all tax reliefs is the Principal Private Residence relief (PPR) which exempts any gain ... Continue Reading
There are two ways by which more than one person can own a property, either as: "Joint tenants" - whereby each is deemed to own an equal share (e.g. three "joint ... Continue Reading
BKL looks at the key changes to taxing capital gains on property coming in April 2020. Introduction On 6 April 2020, capital gains tax (CGT) on property is changing. ... Continue Reading
Where a property is owned jointly, the tax treatment depends upon a number of factors not least as to whether the owners are married and whether the property is ... Continue Reading
BKL Tax provides a useful summary of some of the key GGT changes to property disposals from April 2020. On 6 April 2020, capital gains tax (CGT) on property ... Continue Reading
The ideal in inheritance tax (IHT) lifetime planning would be for the owner of a main residence to gift the property to another such that the property does not ... Continue Reading
Trusts are created for a number of reasons but with reference to property that reason is invariably for protection. The beneficiary may become ... Continue Reading
