Other cases that caught our eye: 16 April 2021

Valuation of property development

In Z Denning and others v HMRC [2021] UKUT 76 (LC) (8 April 2021) the Upper Tribunal (Lands Chamber) decided on a valuation of two care homes as a preliminary issue in a first-tier tax tribunal appeal against SDLT discovery assessments and amendments to a self-assessment tax return. The SDLT market value rule in FA 2003 Sch 4 para 7 relies on the market value definition for CGT purposes in TCGA 1992 s 272. The UT followed the (agreed) expert evidence on the freehold valuation and found that leaseholds had no value after considering questions relating to goodwill and market rental values.

Read the decision.

VAT and public broadcasting services

In Balgarska natsionalna televizia (Case C-21/20) (25 March 2021) the advocate general opined that for VAT purposes the activities of a public television broadcaster consisting in the supply of television media services in so...

If you are not a subscriber, subscribe now to read this content.

If you are already a subscriber, sign in

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.