Property taxes 2015/16

목차 (Table of Contents)

• CONTENTS
• Preface = v
• Table of Statutes = xv
• Table of Statutory Instruments = lxv
• Table of European Legislation = lxxix
• Table of Cases = lxxxi
• Chapter 1 Introduction = 1
• Chapter 2 Rents = 5
• Introduction = 5
• The General Rules = 5
• Income Tax UK Property Business Losses = 18
• UK Property Business Losses of Companies = 19
• Non-Residents = 20
• Service Charges = 22
• Dilapidations = 28
• Rent-a-Room Relief = 29
• Rents Taxable as Trading Income = 32
• Furnished Holiday Lettings = 34
• Tipping, etc Rights = 42
• Income from Overseas Property = 43
• Chapter 3 Premiums = 45
• Treatment of Premiums on Leases of up to 50 Years as Rent = 45
• Charge on Assignment of Lease Granted at an Undervalue = 48
• Charge on Sale of Land with Right to Reconveyance = 50
• Rules for Ascertaining Duration of Leases = 54
• Power to Obtain Information = 56
• Ancillary Points = 56
• Deduction of Premium Paid = 57
• Capital Gains Tax Relief = 61
• 'Premiums' for Assignments of Leases = 64
• Surrender of Leases = 64
• 'Reverse Premiums' = 65
• Chapter 4 Relief for Interest Payable = 72
• Income Tax = 72
• Corporation Tax = 77
• Alternative Finance Arrangements(Sharia Compliant Loans) = 84
• Non-UK Companies = 88
• Withholding Tax - UK Source Loans = 89
• Capital Gains Tax = 96
• Interest under Development Agreements = 96
• Interest as a Distribution = 97
• Discounts = 98
• Chapter 5 Investment or Dealing = 100
• The Basic Tests = 101
• Decided Cases = 104
• Chapter 6 Tax Aspects of Property Dealing = 120
• Computation of Profits = 120
• Capital Allowances = 123
• Losses = 124
• Transactions in Land : Anti-Avoidance = 125
• Special Provisions Affecting Property Dealers = 126
• Other Matters = 127
• Transactions Between a Dealing Company and an Associated Company (repealed from 31 January 2013) = 128
• Chapter 7 Tax Aspects of Property Investment = 130
• Computation of Income = 130
• Management Expenses = 131
• Surplus Management Expenses = 135
• Charges on Income and Debits on Loan Relationships = 136
• Capital Allowances = 136
• Capital Gains of Companies = 137
• Close Investment-holding Companies = 138
• Other Matters = 140
• Flat Management Companies = 142
• Real Estate Investment Trusts = 143
• Chapter 8 Problems of Development = 175
• The Nature of the Transaction = 175
• Interest Payable = 176
• Capital Allowances = 176
• Site Assembly = 177
• Obtaining Planning Consents = 180
• Rent-free Periods = 182
• Appropriation from and to Trading Stock = 182
• Structuring Development Projects = 185
• VAT = 186
• Relief for Expenditure on Remediation of Contaminated and Derelict Land = 210
• Chapter 9 Refurbishments = 218
• Income and Corporation Tax = 218
• Effect on Time Apportionment = 222
• VAT = 224
• Chapter 10 Allowances for Capital Expenditure = 242
• Plant and Machinery = 243
• Fixtures = 275
• Business Premises Renovation Allowance = 301
• Research and Development = 310
• Thermal Insulation of Buildings = 312
• Other Capital Allowances = 312
• The Date Expenditure is Incurred = 313
• Plant, etc Leased under a Finance Lease = 317
• Chapter 11 Tax on Chargeable Gains = 318
• Introduction = 318
• Calculation of Chargeable Gain = 320
• Contract - Date of Acquisition and Disposal = 323
• Leases = 328
• Part Disposals of Land = 337
• Compulsory Acquisitions = 341
• Options = 344
• Land Held at 31 March 1982 = 350
• Land Held at 6 April 1965 = 351
• Special Reliefs = 353
• Miscellaneous = 374
• Non-Resident Capital Gains Tax(NRCGT) = 377
• Milk Quotas = 377
• Gains on High Value Properties(ATED Related CGT) = 379
• Chapter 12 Business Occupation of Property = 406
• Relief for Rent, etc = 406
• Sale and Leasebacks, etc = 410
• Relief for Other Payments in Respect of the Premises = 419
• Deduction in Respect of Premium Paid = 422
• Chapter 13 Private Residences = 425
• Capital Gains Tax Private Residence Exemption = 426
• Use of an Office at Home = 452
• Letting the House = 455
• Inheritance Tax = 455
• Income Tax Charge on Pre-owned Assets = 460
• Chapter 14 Artificial Transactions in Land - CTA 2010, ss 815-833 : ITA 2007, ss 752-772 = 467
• When does the Section Operate? = 468
• The Meaning of a 'Gain of a Capital Nature' = 472
• The Effect of the Section = 473
• A Gain Obtained for Another Person = 473
• Ancillary Points = 474
• Exemption for Principal Private Residence = 476
• Decided Cases = 477
• Advance Clearance of Proposed Transactions = 482
• Power to Obtain Information = 483
• Other Artificial Transactions = 484
• Chapter 15 Use of Overseas Companies to Acquire UK Properties = 486
• Chapter 16 Value Added Tax on Residential Property = 493
• Introduction = 493
• Zero-Rated Supplies of Residential and Certain Charitable Buildings = 494
• Change of Use of Residential and Charitable Buildings = 553
• Reduced Rate on Energy Saving Materials, etc = 557
• Reduced Rate on Residential Conversions and Renovations = 561
• Rents = 569
• Service Charges = 570
• Do-It-Yourself Builders = 578
• Other Residential Issues = 584
• Some General VAT Issues = 586
• Chapter 17 Value Added Tax on Commercial Property = 622
• Surrender of Leases = 624
• Reverse Premiums = 625
• Freehold Disposal of New Buildings, etc = 631
• Leisure-Related Activities = 632
• What is a Licence to Occupy? = 647
• Virtual Assignments = 661
• Other Problem Areas = 662
• Variations of Leases = 669
• Wholly Artificial Transactions = 670
• The 'Option to Tax' = 676
• The VAT (Self-Supply of Construction Services) Order 1989 = 707
• Capital Goods Scheme = 708
• Transfer of a Business as a Going Concern = 714
• Transfers of Estate Roads, etc = 723
• Domestic Accommodation for Directors and Employees = 723
• Rent-free Periods = 729
• Building Regulation Fees = 730
• Rent Guarantees, etc = 730
• Dilapidations = 731
• Road and Bridge Tolls = 731
• Local Authorities = 731
• Chapter 18 Inheritance Tax = 734
• Agricultural Property Relief = 735
• Business Property Relief = 744
• Payment of IHT by Instalments = 752
• Transfers of Land within Seven Years before Death = 752
• Sale of Land from Deceased Estate = 754
• Heritage Property = 760
• Gifts with Reservation = 763
• Debts = 771
• Other Matters = 772
• The Residence Nil Rate Amount = 774
• Chapter 19 Stamp Duty Land Tax = 780
• Introduction = 780
• The Basic Rules = 780
• Expensive Residential Property bought by a company, etc = 789
• Exchanges = 800
• Linked Transactions = 801
• Foreign Currency = 801
• Joint Purchasers = 802
• Carrying out of Works = 803
• Definitions = 804
• Assignments, Sub-sales, etc = 807
• Contracts Providing for Conveyance to a Third Party = 820
• Options = 821
• Contingent, Uncertain and Unascertained Consideration = 822
• Annuities, etc = 823
• Transfers to Connected Companies = 824
• Leases = 825
• Reliefs, etc = 834
• Transfers Involving Multiple Dwellings = 867
• Arrangements Involving Public or Educational Bodies(PFI Transactions) = 870
• Partnerships = 871
• Trustees = 882
• Persons Acting in a Representative Capacity = 884
• Targeted Anti-Avoidance Rule = 884
• Administrative Rules = 892
• No Deduction for other Tax Purposes = 912
• Disclosure of SDLT Avoidance Schemes = 913
• Miscellaneous = 913
• General Regulation-Making Power = 915
• Land in Scotland = 917
• Chapter 20 Annual Tax on Enveloped Dwellings = 918
• Introduction = 918
• Amount of Tax = 924
• Acquisitions and Disposals of Chargeable Interests = 927
• Special Situations = 928
• Reliefs = 930
• Property Rental Business = 931
• Dwellings Open to the Public = 933
• Property Developers = 933
• Financial Institutions Acquiring Dwellings in the Course of Lending = 935
• Occupation by Certain Employees or Partners = 935
• Farmhouses = 937
• Providers of Social Housing = 938
• Charitable Companies = 938
• Public Bodies = 940
• Bodies Established for National Purposes = 940
• Dwellings Conditionally Exempt from Inheritance Tax = 941
• Modification of Reliefs = 941
• Alternative Property Finance = 941
• Administration = 942
• Duty to Keep and Preserve Records = 945
• Reviews and Appeals = 952
• Information and Inspection Powers = 956
• Penalties = 957
• Collection and Recovery of Tax = 958
• Miscellaneous = 958
• Chapter 21 The Council Tax = 962
• What is Domestic Property? = 963
• Classes of Exempt Dwellings = 965
• Valuation Bands = 969
• Liability = 971
• Amount of Liability = 974
• Discounts = 974
• Administration = 980
• Enforcement = 990
• Appeals = 996
• Penalties = 997
• Miscellaneous = 998
• Non-Domestic Rating = 999
• Business Improvement District Levies = 1003
• Business Rate Supplements = 1004
• Chapter 22 Landfill Tax = 1006
• Disposal as Waste = 1007
• Rates of Tax = 1011
• Exemptions = 1017
• Registration = 1023
• Accounting for the Tax = 1024
• Administration = 1027
• Adjustment of Contracts = 1029
• Environmental Bodies = 1030
• Chapter 23 Miscellaneous = 1035
• Is a Company the Best Vehicle? = 1035
• Group Structures = 1038
• Farming and Agricultural Land = 1039
• Woodlands = 1042
• Mines, Quarries, etc = 1048
• Taxation of Mineral Royalties(to 5 April 2013 only) = 1050
• Rent in Respect of Electric Line, etc Wayleaves = 1052
• Tied Premises = 1052
• Other Occupation of Land = 1053
• Housing Associations, etc = 1053
• Housing Grants = 1054
• Annual Value of Land = 1054
• Meaning of United Kingdom = 1055
• Meaning of Land = 1055
• Income Tax Charge on Occupation of Living Accommodation = 1055
• Homes Abroad Owned Through a Company = 1062
• Employees' Household Expenses = 1064
• Small Profits Rate of Tax(to 31 March 2015 only) = 1065
• Valuation = 1066
• Interest on Compulsory Purchase = 1073
• Transactions at Other than Market Value = 1073
• Special Returns = 1077
• Power to Enter Premises = 1078
• Property Investment under the EIS Scheme = 1079
• Gifts of Real Property to Charity = 1080
• Property Held by Investment-Regulated Pension Schemes = 1082
• 2011 Style Enterprise Zones = 1096
• Property Authorised Investment Funds = 1096
• Goodwill and Trade-Related Property = 1097
• Contributions to Flood and Coastal Erosion Risk Management Projects = 1098
• Appendix 1 Meaning of 'Connected Persons' = 1100
• Appendix 2 Enterprise Zones = 1103
• Appendix 3 Disadvantaged Areas = 1107
• Appendix 4 Obsolete Capital Allowances Provisions = 1112
• Index = 1153