Deemed periods for the purpose of claiming only or main residence relief
Does the cessation of trading affect the liability on future dividend payments?
Advantages and disadvantages of selling a property to a company
TA Hartland (TC4187)
Items that can be treated as fixed plant
Impending changes to capital gains relief for only or main residence
Does a written agreement constitute a trust and therefore allow a main residence exemption claim?
Costs associated with building a house in the garden of an existing property
How gift aid works, and the special schemes it offers
Potential CGT reliefs on the sale of farmland to pay for a farmhouse
The government has scrapped plans to abolish the capital gains tax (CGT) main residence election.
Treasury officials intended to replace the measure with fact-based tests to decide which property would benefit from only or main residence relief, as part of proposals to implement a CGT charge on UK non-residents.
But a change of policy means a non-residents investing in UK residential property and UK residents investing in non-UK property will instead have to meet an occupation requirements.
J B Williams (TC4144)
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