Applicability of SDLT Refund in Smith Homes 9 Ltd v HMRC
In a Stamp Duty Land Tax case, an appellant sought relief for overpaid tax due to misclassification under Multiple Dwellings Relief. HMRC applied for a strikeout, citing a time-limit mistake, but the tribunal, recognizing procedural issues, refused the strikeout. The...
Understanding Land Remediation Relief: Benefits And Eligibility
Land Remediation Relief (LRR) offers UK businesses a chance to revitalize contaminated land, providing a tax deduction of up to 150% on qualifying expenses. Eligibility involves corporation tax liability, UK land acquisition, and incurring qualifying expenditures for remediation. Beyond financial...
Analyzing D.K. Sexton & E.R. Sexton’s Non-Residential Garden & Grounds
In the recent SDLT case of Danielle Katie Sexton and Emma Rachel Sexton, disputing the residential classification of a London flat, the Tribunal ruled in favor of HMRC. The decision emphasizes the importance of accurate property classification for SDLT, recognizing...
T & Z Suterwalla v HMRC: Residential and Non-Residential Property for SDLT
In a recent SDLT appeal, Mr. and Mrs. Suterwalla successfully contested HMRC's classification of their property as entirely residential. The decision highlighted factors like the paddock's commercial use and separate registration, offering insights into SDLT complexities and considerations for land...
Council Tax on Commercial Property- A Complete Guide
Business rates, a local tax on non-domestic properties, vary based on rateable value, reflecting rental estimates. Relief schemes exist for small businesses and specific sectors, while exemptions apply to farm buildings. Seeking professional advice from organizations like RICS helps navigate...
Know the Case of Gary Withers v HMRC: Mixed Use Property
In the Gary Withers vs. HMRC case, the SDLT classification of Lake Farm was contested, focusing on whether the land was residential or mixed-use. Withers prevailed, highlighting the distinction between dwelling grounds and land used commercially or for environmental purposes....
Who Pays the Council Tax on a Rental Property?
In the UK, tenants are typically responsible for paying council tax on rental properties, outlined in tenancy agreements. Landlords may cover council tax in shared accommodations, specified in agreements. Eligible individuals, such as full-time students or care leavers, may qualify...
Multiple Dwellings Relief: Andrew and Tiffany Doe v HMRC
In a significant tax case, an appellant challenged the denial of multiple dwellings relief (MDR) for a residential property under Stamp Duty Land Tax. The property, a detached house with an annexe, raised questions about its classification as a single...
Loan to Participators (Section 455 Tax)
Learn about about what Section 455 charge is and whether it applies to you or not.
By using this website, you agree to our use of cookies to enhance your experience.
For more information, please see our Cookie Policy.
Close