In this week’s Q&A, Croner-i tax advisor consultant Amaira Badat CTA explains the timing issues when deciding applicable timing for capital gains tax (CGT)
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
Gross tax receipts have surpassed the last years take by £28.1bn reaching a high of £857bn as stamp taxes, inheritance tax, and income tax takes increase drastically
After Christian Candy lost his stamp duty dispute at the Court of Appeal a new appeal was lodged under an alternative point of law which saw Candy win his £1.92m appeal
A pharmacist has lost his stamp duty land tax appeal at tribunal as the £6.6m property he purchased was deemed to be wholly used for residential purposes despite occupation restrictions
Tax receipts are up 5.3% so far on the year but almost £300m more has been paid in stamp duty land tax this February than last while inheritance tax was up 12%
The combination of high tax bills and interest rates has seen a record number of buy to let landlords shift to limited company structures to hold their property portfolios
Four appellants have lost their appeal against paying the higher rate of stamp duty land tax on several high value houses after transferring ownership of previously owned properties
HMRC plans to start sending letters to taxpayers affected by introduction of Making Tax Digital for income tax advising them they will have to report quarterly
Bash Khanzada, enquiries consultant at Croner-i, defends a taxpayer in dispute with HMRC over a capital gains tax bill where the distinction between legal and beneficial ownership of a property was the critical issue
Farmers are still trying to reverse the inheritance tax changes which will begin in April 2026, but ministers ‘bluntly refused any suggestion of a compromise’ at a meeting this week
As the 1 April deadline approaches 550,000 house buyers are desperately trying to get their purchases through before reduced stamp duty reverts to 2022 rates
In this week’s Q&A, David Woolley, tax adviser at Croner-i, explains the impact of the 50/50 income rule in light of changes to tax rules for furnished holiday lets