Entrepreneurs’ relief: was the vendor an employee?
Following the Autumn Statement announcement, the government is now consulting until 20 June 2014 on the proposals planned to take effect from April 2015, whereby non-residents disposing of UK residential property will be subject to a CGT charge.
For private clients, this Budget was ‘one of the most disturbing of recent times’, writes Robert Field.
Nigel Popplewell reviews the Budget changes, including the reduced thresholds for the ATED and 15% SDLT rate.
CGT on sale of wasting asset by executors
Your guide to the key measures from the Budget, provided by Lexis®PSL Tax and Lexis®PSL Private Client.
In the wake of updated UK CGT rules for non-residents, Nick Farmer and Stephen Hemmings assess the tax treatment for non-residents disposing of residential property in eight different jurisdictions
Peter Vaines considers lessons from the tribunal decision in J Rice v HMRC on when there is a cessation of trade
Wendy Walton and Miranda Chamberlain summarise recent happenings in the private client arena, including changes to the EU Fourth Anti-Money Laundering Directive and extra-statutory concession D33, the new HMRC helpline set up to assist flooding victims, and the business property relief decision in John Best
Compensation payment under compromise agreement