Share this content
3

Interesting SDLT refund case

http://financeandtax.decisions.tribunals.gov.uk/judgmentfiles/j11562/TC07607.pdf

Didn't find your answer?

By analogy, para 81 shows that no CGT is payable for an uncompleted exchanged unconditional contract (during the period it can be rescinded):

http://financeandtax.decisions.tribunals.gov.uk/judgmentfiles/j11562/TC0...

Replies (3)

Please login or register to join the discussion.

Psycho
By Wilson Philips
04th Mar 2020 16:01

I don't see the need for the analogy. It is common ground that there is no CGT payable on an uncompleted disposal.

Thanks (0)
Replying to Wilson Philips:
avatar
By Justin Bryant
04th Mar 2020 17:57

If you read the para cited it says what a taxpayer could consider doing in such a SDLT case, and CGT is analogous is what I mean (obviously).

Thanks (0)
Replying to Justin Bryant:
Psycho
By Wilson Philips
04th Mar 2020 19:15

If it was obvious I wouldn’t have raised the point. That may be what you meant to say but it is not what your OP says.

Thanks (0)
Share this content

Related posts