capital gains tax

Tax professionals welcome changes to plans to target overseas investors in UK property

The CIOT has welcomed the announcement by HMRC that institutional investors and companies with diverse ownership will be excluded from their plans for a new capital gains tax (CGT) on UK properties sold by non-residents.

CIOT: Tax advisers welcome changes to employee ownership structures

CIOT backs decision to provide capital gains tax relief for business owners upon transferring ownership to employees.