A couple who bought a house on Burnsall Street in Chelsea for £10m have won their appeal against paying capital gains tax on the profit as the tribunal believed it was their principal private residence (PPR)
MPs on the influential Treasury Committee criticise HMRC for failure to update legacy IT systems and no fixed plan for when the work will be completed, putting productivity and service levels at risk
HMRC was not allowed to provide more evidence to the First Tier Tribunal (FTT) resulting in it losing a £12,000 VAT hearing against a London based recruitment consultancy
The end of the stamp duty land tax (SDLT) relief for first-time buyers creates temporary hike in property transactions, but prices have already dropped
HMRC has warned UK landlords it will clamp down robustly against property owners who use limited liability partnerships to evade tax by transferring properties
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