Taxation News; What’s New This Week? (W/C 23th July)

What’s New This Week – w/c 23rd July 2018

Still working hard, although melting fast! Here’s this week’s round-up:

• Providing SDLT advice on a multiple property purchase which took in the 15% charge and the interaction of the 3% additional rate, the ‘6 pack’ rule, Multiple Dwellings Relief and High Value Property interest rules

• Considering the tax residency and UK tax position of an individual who is currently employed in Saudi-Arabia

• Advising a client who is relocating to South Africa in relation to their UK based property investment business, with the view to facilitating the tax efficient succession of the business

• Advising a property developer in relation to the structuring of a transfer of business from sole trade to a company and the taxation implications.

If you or your clients need help with similar financial issues, or indeed if there are any other tax issues that you feel we may be able to help you with, please contact us at info@etctax.co.uk or by calling our London office on 0203 7058 320…

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