Sarah Cormack considers the draft legislation on the new CGT regime for high-value dwellings.
Wendy Walton and Gemma Davies review recent developments.
Annette Morley on the disposal of agricultural property gifts.
Comments invited by 25 February
HMRC invites questions on ‘finalised draft’ regulations
Consultation on secondary legislation to complement Finance Bill 2013
The Trusts (Capital and Income) Bill was given Royal Assent on 31 January. The Act implements, with minor modifications, recommendations of the Law Commission.
SI 2013/234
Radical change in the system ‘merits consideration’
Following a two-year pilot, HMRC has decided to move alternative dispute resolution (ADR) for SMEs and individuals into ‘business as usual’ from 2013/14 and is considering extending the process to large and complex cases.