Can a landlord be held responsible for outstanding gas bills which his former tenant did not pay?

QUESTION:Can a landlord be held responsible for outstanding gas bills which his former tenant did not pay? No trace or whereabouts of the former tenant is found. A tenant signed the gas supply contract with the utility provider and then did not pay the gas bills and left the property....

SDLT on a derelict property

After the case that made headlines in 2019 for a couple that were reclaimed their resi SDLT on a non-habitable property, there’s been many posts that have made wild claims and assumptions.So here’s the reality – in Oct 19, HMRC updated their guidance (SDLTM00385) on what derelict means and I...

Election 2019: how party tax policies stack up

From Labour's hike in corporation tax and an additional higher rate £80,000 tax threshold, to Conservatives' tweak to employee national insurance and a corporation tax freeze, a raft of promises to reform business reliefs and reasons for raising more tax revenue, the election manifestos are expensive.There is a fairly wide...

How not to manage an HMRC dispute

We have a great track record in winning/reducing the damage caused by an Inquiry, but for those with an appetite for a gory story, the case of ..Cornelia Simpson [2019] UKFTT 0704 (TC) – Principal Private Residence Relief... pretty much defines what you should NOT do. The evidence, written testimonial...

The pitfall of not doing your Due Diligence

Another one - sold promises but ...Administrators seek missing £76m at care home providerA development company which claimed to be opening a network of luxury care homes has gone into administration and is under investigation over the disappearance of £76m of investors’ moneyCarlauren Group Ltd and Carlauren International Holdings Ltd...

CGT and off-plan purchases – common sense prevails

In the Desmond Higgins case, the Court of Appeal recently ruled (in favour of the taxpayer) that the period of ownership of a property for the purposes of capital gains tax (CGT) Principal Private Residence (PPR) relief began on the completion date of the purchase.HMRC had contended that the period...