Andy White from CBW explains how Extra Statutory Concession C16 can reduce the tax liability when companies are struck off, and warns that it may become less generous when it moves to a statuto
Mr X owns both a town home and a country home, both of which he has used continuously as his private residences, regularly going from one to the other. He has never made a PPR election and is now
I have a client who purchased a lease in 2008 for £237,500.
A private residence < 0.5 hectare etc is to be split into two title deeds. One to be sold later on.
is there a link for teh consultation paper on taxation of second homes that i understand was issued before christmas
These tables reflect announcements made on 24 March, 22 June and 2 & 9 December 2010.
A new client sold an option to purchase a non-business asset for £20k in November 2005. The option was exercised in February 2010, with sale proceeds of £2m.
One of my clients purchased a plot of land with a dilapidated bungalow on it with a view to building a new home for himself and family.