Individuals making a Capital Gains Tax (CGT) disposal should bear in mind a recent tribunal clarifying beneficial and legal ownership issues, according to Essex-based accountant Rickard Keen.
capital gains tax
Is a Mother who is on a joint mortgage and appears on the deeds of the house accountable for capital gains tax when she is removed from mortgage and deeds.
Would anyone be able to enlighten me as to the tax situation of this?
My parents own a few houses which they make rent on (and pay tax on)
Hope you can help!
I have just seen a client who is doing the following:
*Buiding a new detached home in the garden of his current house which he will move into and occupy as his new main residence.
My husband and I bought a residential property 9 years ago for business use. We changed the use to D1 and have run a day nursery on the premises for the last 9 years.
One of my clients wishes to convert their husband and wife partnership to a limited company. The husband is the main fee earner and his wife does a bit of admin work.
A client is thinking of selling a Guest House which they own and live in. Do I need a valuation split at time of purchase about 6 years ago, and now, between business and resedential, in order to
A plot of land is in the legal ownership of A Limited
It has been purchased by B Limited and B occupies the land for the purposes of its trade.
A client is looking at gifting shares in his small limited company to his son as he approaches retirement.