capital gains tax | AccountingWEB

capital gains tax

The case of Eugene Blaney v HMRC illustrates the use of the ‘badges of trade’ approach in determining whether or not activities amounted to a trade for the purpose of claiming relief for Capital Ga

Here is a brief note of some of the changes announced by the Treasury on 3 December 2014 and a reminder of some other things that will come into force on 5 April 2014.

HMRC have recently changed their guidance in relation to the use of overseas funds as collateral for loans by remittance basis users.

I need to work out the amount of PPR and lettings relief for the following scenario:

14/10/85 client purchased house as sole residence

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Currently where a person owes tax of up to £3,000, the tax may be coded out through the taxpayers PAYE code.

The recent case of Alison Clarke v HMRC illustrates the kind of factors that the tribunal will consider when assessing whether or not the taxpayer was using a property as their sole or main residen

Liberal Democrat plans to increase the top rate of capital gains tax to as much as 35% will send a “bad signal” to business, according to the CBI.

HMRC has invited evidence on the potential impact of withdrawing three extra-statutory concessions (ESC) and views on draft legislation to enact two others.

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It has always seemed that the exemption from CGT for the main residence was one of those things so ineluctably British that nobody could ever meddle with it, even

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