This month, we consider what’s in store for private clients with a new Labour government and the likely timeline for implementation. We comment on a recent FTT decision which accepted HMRC’s broad interpretation of the remittance rules (Alimahomed). Three recent taxpayer wins in relation to SDLT (Hurst, Suterwallaand Marie Guerlain-Desai)demonstrate that, with the right fact pattern, claims for SDLT reliefs can still be successful. Finally, the FTT’s decision in Wardle illustrates the hurdles which must be overcome by the taxpayer in arguing that their business had commenced trading for the purposes of entrepreneurs’ relief.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
This month, we consider what’s in store for private clients with a new Labour government and the likely timeline for implementation. We comment on a recent FTT decision which accepted HMRC’s broad interpretation of the remittance rules (Alimahomed). Three recent taxpayer wins in relation to SDLT (Hurst, Suterwallaand Marie Guerlain-Desai)demonstrate that, with the right fact pattern, claims for SDLT reliefs can still be successful. Finally, the FTT’s decision in Wardle illustrates the hurdles which must be overcome by the taxpayer in arguing that their business had commenced trading for the purposes of entrepreneurs’ relief.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
f1dc7b1a-ffa1-4bc7-b492-3f4b8c14ee62.jpg?sfvrsn=b8086da2_1)
