Investments

VAT has been charged on rent in error; what, if any, liability might arise on sale?

Portland Gas Storage Ltd v CRC, Upper Tribunal (Tax and Chancery Chamber)

Is the annual tax on enveloped dwellings deductible for tax purposes?

A view of the tenth and last Finance Bill debate sitting

Explaining the 15% SDLT charge now the property threshold is down to £500,000

Will mortgage interest be fully allowable if only part of the property is owned?

The Finance Bill debate moves on to pensions measures

A Finn, G Finn, R Morris and A Cornish (TC3555)

Tax issues to consider on the incorporation of a general partnership

A husband and wife own several residential investment properties in their joint names. The houses are scattered across a wide area. Another client owns properties in London, but lives outside the city. Consideration is given to whether travelling costs to visit and check the properties and to carry out repair work are allowable

CRC v Stolkin, Upper Tribunal (Tax and Chancery Chamber)

Financial institutions were involved in the misselling of interest rate hedging products or “swaps”. Compensation payments involve elements such as “basic redress”, “interest” and “consequential loss”