Submitted by
Sestini & Co | on Thu, 12/04/2014 - 11:45 | In
Uncategorized
Capital gains taxes
Not strictly part of this Autumn Statement, in fact this started just over a year ago as an announcement in Autumn Statement 2013 of an intention to extend the capital gains tax charge on property to non-residents. A big change with a wide-reaching impact, but not in essence a controversial one in a wider context given that most countries who have a capital gains tax (or similar) do extend it to non-residents.
A consultation was launched in March 2014 [- -]
Tags:
Anti-avoidance,
AS14,
AS2014,
ATED,
Autumn Statement 2014,
Mitigation,
Non-resident,
SDLT,
Succession,
Tax mitigation,
Tax update
Submitted by
Sestini & Co | on Wed, 12/03/2014 - 21:08 | In
Uncategorized
At first sight, from a tax perspective at least a reasonably innocuous Autumn Statement: a slightly higher personal allowance, support for small businesses and much talk about the growth in the economy. A freeze in fuel duty. A couple more measures striving to ensure the banks/multi-nationals pay more, and naturally more talk about countering anti-avoidance.
There of course was the attention and headline-grabbing change to SDLT: a welcome move to a progressive rate (although still with a question mark as to [- -]