Navigate the intricate landscape of property taxation with expert insights tailored for real estate transactions. Our in-depth resources cover everything from Stamp Duty Land Tax (SDLT) calculations to Capital Gains Tax (CGT) implications, equipping legal practitioners with the tools needed to advise clients effectively and ensure compliance. Stay ahead in the ever-evolving sphere of real estate tax law.
Tax analysis: In Hogan Lovells Cadwalader International LLP v HMRC, the First-tier Tax Tribunal (FTT) considered whether three documents withheld by...
This week's edition of Tax weekly highlights includes: (1) publication of the Finance Bill 2027, (2) a reminder of our full Budget 2026 coverage and...
Tax analysis: The government published Finance Bill 2027, also known as Finance Bill 2026–27 (FB 2027), on 4 November 2026....
Andrew Hubbard and tax experts from Tolley and LexisNexis examine the key announcements, uncover the details behind the headlines and provide...
VAT treatment of damages and compensation paymentsA damages or compensation payment may attract VAT. This depends on exactly what the payment is for....
The double taxation treaty passport scheme (DTTP scheme)The double taxation treaty passport scheme (DTTP scheme) enables a borrower to apply for and...
What are capital allowances and capital expenditure?What are capital allowances?Capital allowances are the means by which tax relief is given for some...
If the words ‘exclusive of VAT’ are omitted from the definition of annual rent, but there is a VAT clause stating: ‘Where this lease requires the...
Residential service charges—VAT implicationsThis Practice Note is about the VAT treatment of residential service charges.Service charges payable to landlordsService charges are often payable to the landlord under a lease or licence, in the same way as rent, and in this case they follow the same VAT
Commercial service charges—VAT implicationsThis Practice Note is about the VAT treatment of non-residential service charges. General positionService charges are typically payable to the landlord under a lease or licence, in the same way as rent, and in this case they follow the same VAT treatment as
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
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