Continue reading "Budget 2012: An end to the loopholes"
Budget 2012: An end to the loopholes
As predicted, the Chancellor targeted stamp duty land tax avoidance, but also created capital gains tax and inheritance tax worries. Elaine Dobson investigates ‘It is possible that if the contract can be renegotiated then the buyer, having exchanged contracts in the name of the corporate entity, may not be able to take advantage of the …