Capital Gains

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Can the loss that has accrued on a flat used as a main residence be crystalised so that it can be set against any future gains?

Rights have been disposed of to a connected person for no consideration. Does this transaction and the valuation need to be declared to HMRC?

A client has purchased properties, but has received cashback in returned deposits, etc. What are the income tax or capital gains tax implications of such payments?

MIKE THEXTON takes a dive into the capital gains tax treatment of share transactions

Entrepreneurs’ relief for furnished holiday letting properties is to be abolished from April 2010. Will this mean that the business is treated as having ceased such that relief continues to be available if the property is sold within the following three-year period?

Adams (TC48)

CGT simplification seeks opinions

What, if any, are the tax implications of the sale of Wimbledon tennis tickets that the owner is entitled to by virtue of owning a debenture?

Coll and anor (TC28)

A property developer has suggested that the owner of a commercial property should redevelop the plot for housing. A substantial profit is anticipated, but will this result in the loss of entrepreneurs’ relief? Will this be a trading or capital transaction?

RICHARD CURTIS may have a po-faced story about home ownership with an horrific ending

An unmarried couple jointly owned a property for 14 years before the woman moves out. The man remains there for five years before moving out and selling his share to the woman who subsequently sells the property a year later. At what point in the calculation is main residence relief under TCGA 1992, s 222 given?

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