Property tax

Tax | HMRC sees £700m rise in inheritance tax take

In this month’s tax receipts, inheritance tax (IHT) has increased by £700m with HMRC collecting a total of £3.1bn in six months compared with £2.4bn for the same period last year

21 Oct 2021

Tax

Tax | Spanish tax changes: what you need to know

A raft of tax changes is due to come into effect before the end of the year in Spain including a wealth tax, increases to income tax and property tax revisions. Claudio Rodríguez Vera, international tax barrister at Del Canto Chambers unpicks the plans and considers visa options

19 Oct 2021

Tax | Blairs saved £312k stamp duty in property deal

Former Prime Minister Tony Blair and his wife Cherie Blair avoided paying £312,000 in stamp duty land tax (SDLT) on the purchase of a London property by acquiring an offshore company that owned it the Pandora papers revealed

4 Oct 2021

Tax

Property tax

Tax | HMRC to probe ‘Pandora Papers’

Chancellor Rishi Sunak has announced that HMRC will examine the 12m documents in the ‘Pandora Papers' for evidence of tax avoidance in the UK

4 Oct 2021

Tax | HMRC consults on property developer tax rules

HMRC has launched a consultation on draft legislation for the residential property developer tax (RPDT), which is part of remediation for cladding removal, ahead of its inclusion in the Finance Bill

22 Sep 2021

Tax

Property tax

HMRC

Tax | Tax take increases £84.7bn as pandemic recedes

Between April and August 2021 HMRC collected £280.4bn worth of tax which is £84.7bn more than this period last year as the economy began to recover post pandemic

21 Sep 2021

Tax | Expat landlords miss tax payments on buy-to-let property

UK expats who own a buy-to-let property in the UK are continuing to approach HMRC to admit they have evaded tax, says UHY Hacker Young

20 Sep 2021

Tax | Why multiple dwellings relief is a hard hurdle to leap

Zigurds Kronbergs, senior tax writer at Croner-i, looks at recent Tribunal decisions dismissing claims for multiple-dwellings relief from stamp duty land tax and considers ways to use the tax rules to gain advantage

2 Sep 2021

Tax | Stamp duty holiday not behind house price rise

The stamp duty land tax (SDLT) holiday is not behind the 13.2% rise in house prices over the last 12 months, claims research by the Resolution Foundation

24 Aug 2021

Tax

Property tax

Insight

Tax | CIOT issues warning about stamp duty refund claims

The Chartered Institute of Taxation (CIOT) is urging property buyers to be wary of companies offering help with stamp duty land tax (SDLT) refunds as they can often be ‘too good to be true’

23 Aug 2021

Tax

Property tax

HMRC

Tax | Inheritance tax receipts rise £500m after nil-rate freeze

HMRC’s latest tax receipt figures show a sharp improvement compared to this time last year with inheritance tax (IHT) rising by £500m after the nil-rate freeze in the Spring Budget

20 Aug 2021

Tax | Court dismissed £141k multiple dwellings relief claim

The Court dismissed the appellant’s claim for multiple dwellings relief (MDR) leaving the home owner with a £141,750 bill for stamp duty land tax (SDLT)

17 Aug 2021

Tax

Property tax

Case reports

Tax | Stamp duty probes raise £60m in unpaid property taxes

The number of stamp duty land tax (SDLT) investigations launched by HMRC has fallen by 75% in the last year but the recovered revenue remained almost as high as previous years

11 Aug 2021

Tax

Property tax

HMRC

Tax | Bunny Hall loses tax case over £500k land dispute

The First Tier Tribunal has dismissed an appeal against HMRC over the amount of income tax on trade profits and capital gains tax paid on plots of land sold on the estate of a listed building

11 Aug 2021

Tax

Property tax

Case reports

Tax | Q&A: principal private residence relief claims

In our regular Q&A series, Croner Taxwise tax adviser Marsha Haywood examines the impact of principal private residence relief (PPR) on a sale of a property held in a trust

10 Aug 2021

Tax | Capital gains tax take hits £10bn

The capital gains tax (CGT) paid on the sale of investments and second homes has reached an all-time high of almost £10bn official figures released by HMRC show

6 Aug 2021

Tax

Personal tax

Property tax

Tax | HMRC sees £700m rise in inheritance tax take

Tax | Spanish tax changes: what you need to know

Tax | Blairs saved £312k stamp duty in property deal

Tax | HMRC to probe ‘Pandora Papers’

Tax | HMRC consults on property developer tax rules

Tax | Tax take increases £84.7bn as pandemic recedes

Tax | Expat landlords miss tax payments on buy-to-let property

Tax | Why multiple dwellings relief is a hard hurdle to leap

Tax | Stamp duty holiday not behind house price rise

Tax | CIOT issues warning about stamp duty refund claims

Tax | Inheritance tax receipts rise £500m after nil-rate freeze

Tax | Court dismissed £141k multiple dwellings relief claim

Tax | Stamp duty probes raise £60m in unpaid property taxes

Tax | Bunny Hall loses tax case over £500k land dispute

Tax | Q&A: principal private residence relief claims

Tax | Capital gains tax take hits £10bn

Technical Alerts

Direct Tax | WRA revise technical guidance on LTT

Indirect Tax | LBTT operational update for agents published

Indirect Tax | HMRC update SDLT guidance

Indirect Tax | WRA updates LTT guidance

Direct Tax | Case report: SDLT: existence of woodland did not give rise to mixed use

Direct Tax | Case report: Discovery assessment on SDLT avoidance-scheme users invalid

Direct Tax | Case report: Another claim for SDLT multiple-dwellings relief falls at the first fence

Direct Tax | Case report: Separate auxiliary buildings not suitable for use as single dwelling

Direct Tax | Case report: SDLT: claim for multiple-dwellings relief for additional building fails

Direct Tax | Case report: SDLT: claim for multiple-dwellings relief for additional building fails

Direct Tax | Case alert: SDLT: Claim for multiple-dwellings relief for additional building fails

Direct Tax | Case alert: SDLT: Another claim for multiple-dwellings relief fails

Direct Tax | Case alert: Discovery assessment out of time on SDLT avoidance-scheme users

Direct Tax | Case alert: SDLT: Claim for multiple-dwellings relief for annexe fails

Direct Tax | Case alert: SDLT: Claim for multiple-dwellings relief fails

Direct Tax | WRA publish guidance on claiming LTT higher rates refunds