My client owns 1/3 of a residential property, his father owns the other 2/3. He wishes to gift his1/3 share to his father. How would this share be valued for CGT? i.e.
I have a client who is resident in France but owns and rents UK property. He moved permanently to France in 2007 but has owned the property portfolio for some time before that.
My question is simple - will you help defeat this pernicious proposal the second time round? You will remember that previously HMRC suggested that in legislating ESC C16, which allows distributabl
Possibly silly question, but here goes.
A man who bought and sold two properties after a stressful split with his wife has won an appeal to be given tax relief on the properties, reports Nick Huber.
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.
My clients are husband and wife and own a property portfolio (approx 20 houses - all residential, none PPR) with their son.
In 2000 a friend was advised by another accountant that she should transfer her property into her sons name so that she may be able to claim housing benefit - bad advice!
please refresh my understanding.
Client wants to transfer residential properties to children now. He will have to pay CGT and SDLT on the transfers based on market value.