one of the largest international exchange of information agreements, to identify UK property owned by offshore corporate structures. HMRC has been contacting corporate owners throughout 2023 regarding Annual Tax on Enveloped Dwellings, Non-Resident Landlord and Non-Resident Capital Gains Tax obligations...
Form SA108 – Capital Gains Tax Summary On the first page, under "other property, assets, and gains," fill in boxes 14-22 with the exact values for your financial activities for the tax year.After completing the initial section, go to 'Losses and adjustments' on page 3. If you have ...
The partnership interest which C had sold was a capital asset liable to capital gains tax, but was not an asset that was being used for the purposes of a trade carried on at the time of the disposal by a partnership of which the appellant was a member. Accordingly the sale did not ...
Less Tax for Landlords (and the Bailey Group) marketed a tax-planning option to individual buy-to-let property landlords to structure their property letting business (the LT4L Scheme). The LT4L Scheme is a tax-planning option that involves landlords declaring a trust over their buy-to-let...