Capital Gains Tax Holdover Relief | Gift Holdover Relief
Capital Gains Tax Holdover Relief provides a strategic method to defer taxes when transferring assets at a reduced rate or as gifts, offering financial flexibility for businesses and individuals.
Rental Income from House Property in India
Learn how rental income from house property is taxed in India. It explains that such income falls under the ‘Income from House Property’ category as per the Income Tax Act, 1961, and includes any advance payment or security deposit received...
Reducing Capital Gains Tax on Second Home Sales: Expert Strategies
It covers topics such as the computation of capital gain, the annual exemption, the private residence relief, the letting relief, and the allowable deductions for reducing CGT liability.
VAT On Commercial Property: What You Need to Know
Standard rate of VAT, currently 20%, is typically applied to commercial property transactions when the seller has opted to tax, or when new commercial properties are being sold or leased.
Capital Gain On Sale Of House Property In India
Are you planning to sell your house property in India and wondering how to calculate and save tax on the capital gain? Read this article to learn about the rules, rates, exemptions, and deductions applicable to different types of property...
Navigating SDLT: A Guide for UK Landlords and Investors
A comprehensive guide for UK landlords and investors on navigating Stamp Duty Land Tax (SDLT). It explains the complexities of SDLT, its significance in property transactions, and how it can impact property investments.
Qualifying Expenditure for Structure and Building Allowance
UK businesses can benefit from the Structure and Building Allowance (SBA), allowing a 3% annual claim on a commercial building's cost for 33 years, starting from construction after October 29, 2018. Eligibility requires non-residential initial use, covering construction and acquisition...
Golf Holidays Worldwide Ltd.’s VAT – TOMS Treatment Revision
Golf Holidays Worldwide Ltd. challenges HMRC’s rejection of their VAT refund claim under the Tour Operator’s Margin Scheme (TOMS).
Tour Operators Margin Scheme (TOMS) and Serviced Accommodation
A guide to understand how TOMS can reduce VAT liability for businesses that provide travel accommodation services without material alteration.
