Richard Bertini and Philip Spencer consider the emergence of new providers of real estate mezzanine finance and the tax issues this can present
Sara MacCullum identifies the tax issues that matter in 2010 for commercial property transactions
The Treasury launched on 9 December 2010 a consultation on draft legislation for Finance Bill 2011. The following brief outline of the measures is based on the Treasury’s overview and draft explanatory notes.
Your refresher guide, by Simon Groom
HMRC’s Stamp Taxes Bulletin for November includes items on the new penalties regime for SDLT; recent updates to guidance; how the forthcoming increase in the standard rate of VAT affects the calculation of SDLT on leases; changes in th
Revenue & Customs Brief 33/10 discusses changes to the exclusion of the ‘option to tax’ on supplies of buildings to be used solely for a relevant residential or relevant charitable purpose (VATA 1994 Sch 10 paras 5-7).
The Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) Regulations (No. 3), SI 2010/1877, remove multiple charges to stamp duties from certain transactions made on a multilateral trading facility.
Revenue & Customs Brief 31/10 sets out HMRC’s position following the Court of Appeal judgment in InsuranceWide.com Services Ltd v Revenue and Customs Comrs; Revenue and Customs Comrs v Trader Media Group Ltd [2010] STC 1572.
HMRC re-published Revenue & Customs Brief 39/09 as Brief 32/10 to flag a change in the department’s interpretation of the rules applying the VAT zero rate to new buildings used for a relevant charitable purpose, along with the withdrawal of concession 3.29, the ‘switching areas’ concession an
Camilla Spielman comments on where we are now with Property Authorised Investment Funds