Market leading insight for tax experts
View online issue

Hopscotch v HMRC

In Hopscotch v HMRC [2019] UKFTT 288 (2 May 2019) the FTT found that a property first held as an investment and then redeveloped and sold had not been owned for the purpose of being developed and sold so that it did not qualify for relief from the annual tax on enveloped dwellings (ATED).

Hopscotch had purchased a residential property in 1993. It was originally occupied by members of staff until its use declined and Hopscotch decided to sell it. However unable to find a buyer and following the advice of its estate agent Hopscotch had undertaken a vast redevelopment programme in the hope of making the property both more valuable and marketable.

When the ATED regime was introduced by FA 2013 Hopscotch submitted ATED returns for the first three ATED chargeable periods on the value of the property (£13.5m) without any relief. However ...

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.