I have a client who acquired a property overseas during a tax year in which he was absent from the UK throughout.
If a client makes a qualifying SEIS investment in 2013/14 or 2014/15 (which won't be carried-back) on which he'll be claiming 50% income tax relief, can he use all the investment for the EIS deferr
I am sure I know the answer to this question but its that time of year! My client had a large shareholding joint with her husband. Very little base cost. When she inherited her husband's half t
The government has published draft legislation that will shorten the final period exemption for CGT relief on primary residences from April next year.
The government has announced two important changes to capital gains tax (CGT) in the Autumn Statement 2013:
1. Private Residence Relief (PRR)
My client has owned a property that was his home until he moved country. The property market was very poor so he let it out for 8 years and sold it last year.
Key Lessons to be learnt
George Osborne, they say, is considering charging capital gains tax (CGT) on the sale
My client left the UK in early 2004. He went to live in Sweden with his girlfriend and they have worked there and have a family.
I'm fairly sure I know that answer to this but can't find anything absolutely definitive so would appreciate some clarification from the brains trust: