In the case of HMRC v Sir Alexander Fraser Morrison, the Upper Tribunal found that a payment made in settlement of a High Court action was not a contingent liability under TCGA 1992 s 49, thus overturning the decision of the First-tier Tribunal. Paul Howard examines what this would mean in similar situations.
Your guide to the key measures
Jason Collins gives his predictions on what to expect from next week’s Autumn Statement.
By Andrew Goldstone & Jonathan Legg, Mishcon de Reya
CGT on newly built house
Malcolm Finney answers a query on split-year residence and the sale of shares.
The chancellor is preparing to announce that CGT will be charged on British property sold by overseas nationals and expats, meaning that ‘thousands of Britons living abroad face being caught up in a tax raid on wealthy foreigners buying and selling property in the UK’, according to the Telegr
Losses on disposal of real estate in another Member State
David Whiscombe considers the recent decision of the Supreme Court in Cotter.
The new tax policy on property will create unbelievable complexity, warns Peter Vaines