Capital Gains

Go to page of 69

A UK taxpayer used a dollar loan to purchase a property in the USA. The property was subsequently sold at a dollar loss in the USA but, due to exchange rate fluctuations, a profit was made in sterling.

JOHN MANIS considers how earn-outs should be structured to maximise entrepreneurs’ relief

A company has refurbished a property as a surgery and consulting rooms will be let to medical practitioners. If sold, would the property be eligible for entrepreneurs’ relief?

Dairy farmers who sold their milk to an organisation were owed money when it went into liquidation. They had also loaned money to it, but these loans had been converted into shares that are now worthless

How do trustees decide whether a payment to beneficiaries represents income or capital?

A client has sold zero interest eurobonds at a substantial gain. Is this profit treated as income or capital and what are the taxation consequences?

PHILIP FISHER explains why the recession means that companies need to take another look at share options

A property-owning consortium has transferred a property that it owns from investment to trading stock, but the valuation has reduced since purchase

PAUL BENNEY considers the tax implications of dividing property as part of a divorce settlement

DOMINIC CRILLY blasts HMRC’s views on the application of taper relief to mineral royalties

Will the proposals to remove the tax advantageous system for furnished holiday lettings have an adverse effect on existing claims to capital allowances?

M R Klincke (TC122)

Show

Results

Go to page of 69