HMRC said the main reason for this large fall is the introduction of the SDLT holiday where there is no benefit in people claiming the relief. As from July 2020 no tax is payable on the first £500,000 of the purchase price of residential property. Karen Noye, mortgage expert at Quilter...
People who may have disposed of residential property or cryptoassets People who have told HMRC that they are domiciled outside the UK People who have made a claim for foreign tax credit relief Persons of Significant Control (PSCs) who may have disposed of shares Claimants of CJRS (furlough)...
This article offers a calendar of the British HM Revenue & Customs (HMRC) department's consultations from May-September 2012 including the Fair Taxation of Residential Property Transactions consultation, the Disincorporation Relief consultation, and the General Anti-Abuse Rule (GAAR) consultation....
HMRC has reviewed its position on whether holiday lets are eligible for Business Property Relief (BPR), for IHT purposes. This has led to some concern about how future cases might be treated and what the real change of view has been. The following highlights what has really happened and ...