Issue: Vol 167, Issue 4302

MARK ACKRILL highlights potential pitfalls in only or main residence relief

MIKE TRUMAN surveys the wreckage after the judgment in Pitt v Holt

ROBERT MAAS, with contributions from Robin Summers, questions the decision on negligence in Wald v HMRC

MICHAEL BLAKE shows how a claim to agricultural property relief can be lost without even trying

A partnership owns shares in a trading company, but only two of the ten partners are directors. Will entrepreneurs’ relief be lost?

Could an employee sacrifice part of his salary so that his employer then pays an equivalent amount into a pension scheme for his wife who is not an employee?

A brother and sister were co-directors and shareholders of a trading company, but have decided to go their separate ways. A company purchase of own shares is a possible route...

A sole trader carries on his business from a property that is owned jointly by himself and his wife. The wife’s share of any gain on sale will not qualify for entrepreneurs’ relief

Hope value on plot of land; gifting shares in business to husband; transferring buy-to-let properties to wife; calculating SDLT charge

Online

Leaflet

Penalty notices issued

Online now

Losses and chargeable gains

Department points to error at printer