Henderson Acquisitions Ltd v HMRC: SDLT & Property Suitability Case
The Henderson Acquisitions Ltd v HMRC case delves into SDLT implications on properties amidst renovations, setting a precedent on the interpretation of 'suitable for use as a dwelling' and aligning taxation rates, offering insights for future property-related disputes.
A Complete Guide on Multiple Dwellings Relief Eligibility and Benefits
Investors in the UK property market can save on Stamp Duty Land Tax (SDLT) by leveraging Multiple Dwellings Relief (MDR) when buying two or more dwellings. MDR eligibility includes purchasing separate houses, apartments, or mixed-use properties, meeting suitability criteria for...
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...
Overseas Entities Owning UK Property: A Tax Compliance Guide
Learn about the range of applicable taxes after completing the register of overseas entities process in the Companies House.
Multiple Dwellings Relief on Granny Annexes and Separate Dwellings
This article discusses Granny Annexes, their Stamp Duty Land Tax implications, and the potential for savings through Multiple Dwellings Relief, emphasising the importance of professional advice from UK Property Accountants.
Multiple Dwellings Relief on Student Accommodation
In this article, we explore the application of Multiple Dwellings Relief (MDR) to student accommodations, examining criteria for a separate dwelling, and provide examples illustrating potential Stamp Duty Land Tax (SDLT) savings.
Mini-Budget 2022 : Tax Changes Not To Miss for Property Business
This article discusses the Mini-Budget 2022, covering doubled Stamp Duty thresholds, a 25% Corporation Tax increase, reversed income tax rate cuts, and planned investment zones, highlighting opportunities and challenges for individuals and corporations in the property business.
Should I Incorporate to Avoid Section 24?
Many accountants suggest going the incorporation route to tackle Section 24, and it does come with its perks. But, hey, don't forget to watch out for the potential downsides too.
Transferring Your Property to Spouse as Solution to Section 24
To navigate Section 24, consider sharing ownership with your spouse, especially if they're in a lower tax bracket. It's a savvy move to ease potential tax impacts.
By using this website, you agree to our use of cookies to enhance your experience.
For more information, please see our Cookie Policy.
Close