After a turbulent couple of years, landlords will be hoping for respite and perhaps positive news from the Autumn Budget, which will be delivered on Monday, October 29th. Much of the UK’s financial landscape has been dominated by Brexit during 2018. Initial optimism that a deal would be agreed between […]
Sarah Bradford looks at when it can be beneficial to transfer an interest in an investment property to a spouse or civil partner prior to sale. The tax system affords some tax breaks to married couples and civil partners and it is possible, depending on personal circumstances, to use these […]
In my last blog post here I was thinking about how our property strategy and aspirations affect our tax bill and this week, I’m going to look at how our tax bill has changed since the amendments to Section 24. To start off, let’s set the scene by looking at […]
When announcing the Autumn Budget in 2017, the Chancellor made clear his plans to include capital gains made by non-residents when selling UK property within the bounds of UK tax. The reason for this is to ensure that there is one single system for the sale of both commercial and […]
These August words come from the oath which juries are made to swear before a case. They are to try the defendant according to the evidence, and arrive at their verdict without fear or favour. Evidence is rightly a very important element in any legal process, and that includes determining […]
The capital gains tax (CGT) legislation which provides for relief on the disposal of a private residence includes a provision (in TCGA 1992, s 224(3)) which appears to deny the normal exemption for capital gains on a ‘main residence’ if you hoped to sell it at a profit when you […]
The capital gains tax (CGT) legislation which provides for relief on the disposal of a private residence includes a provision (in TCGA 1992, s 224(3)) which appears to deny the normal exemption for capital gains on a ‘main residence’ if you hoped to sell it at a profit when you […]
