Failure of a capital loss scheme
Capital gains on disposals of property
Hints of things to come, by Sophie Dworetzsky (Withers).
In a Budget that had little to say specifically about owner managed businesses, the most striking changes were to entrepreneurs’ relief, writes David Whiscombe (BKL Tax).
HMRC has published guidance on the extension of UK capital gains tax to disposals of UK residential property by non-residents. From 6 April 2015, non-UK residents must inform HMRC when they sell UK residential property as CGT may be due.
Jackie Wheaton (Moore Stephens) answers a query on the tax consequences of the liquidation of an LLP.
Robert Waterson and Adam Craggs (RPC) examine Sir Fraser Morrison and remaining questions over whether an out-of-court settlement payment may be deducted under TCGA 1992 s 49.
Andrew Goldstone and Victoria Howarth (Mishcon de Reya) review recent developments, including civil partnerships, HMRC’s solicitors tax campaign, and the implications of Kicks v Leigh, Chadda v HMRC and Kennedy v Kennedy.
Pete Miller (The Miller Partnership) analyses the changes to entrepreneurs’ relief and goodwill amortisation in draft FB 2015
Private residence relief