In depth
Capital Gains Tax
Technical commentary on the issues affecting owner managed businesses, property investors and professional intermediaries.
Joint tenants or tenants in common: why the way you hold property shapes your tax.
The decision most co-owners never knowingly made. Here is something we see far more often than we would like. Two people buy an investment property together, the conveyancer…
Read more →Buying your second home? Don’t forget to nominate your main residence to HMRC.
Many people who own more than one home do not realise that they hold a valuable statutory right, and that failing to exercise it in time can quietly…
Read more →Extracting property sale proceeds from a family investment company.
The problem. A husband and wife owned a family investment company on a fifty fifty basis. Its only asset was a commercial property, a vehicle repair garage, let…
Read more →Capital gains tax on property: how it works and the reliefs most people miss
Capital gains tax on property confuses tax payers more than almost any other tax. Here is how the calculation actually works, using a £250,000 gain as an example.…
Read more →