Tags » CGT

Are my costs Capital or Revenue expenditure?

It makes a big difference to your tax whether you can offset costs as revenue expenditure or remove costs because they are capital expenditure

HMRC published a guide on this in September 2016 and have circulated in in their Agent Alert Self Assessment Special January 2016. 63 more words

Bicknell Business Adviser

Are property transfers between spouses taxed?

When you think about property and property investments the first tax that comes to mind is Capital Gains Tax (CGT).

You don’t pay Capital Gains Tax on assets you give or sell to your husband, wife or civil partner, unless:

360 more words
Bicknell Business Adviser

Anarcho-syndicalist comrade Lola Gutierrez deported from Greece and returned to Spain

Anarcho-syndicalist solidaritarian Lola Gutierrez returned to Spain following her deportation from Greece. Lola was arrested at the airport ”El. Venizelos” and taken to the immigrant detention center Elliniko on account of the help she provided a Kurdish citizen to get to Barcelona. 235 more words

Greece

Barcelona: Demonstration at the Greek consulate in solidarity with anarcho-syndicalist comrade Lola Gutierez

The Greek state is persecuting a comrade in solidarity from Spain for committing the crime of helping a refugee. Yes, that is the Greek, the good, the humanitarian, the left wing, the state that’s worth a Nobel prize. 74 more words

Repression

Taxing issues for departing taxpayers

The following article originally appeared in the November 2016 issue of The Taxpayer. This is the monthly journal of Tax & Super Australia (formerly Taxpayers Australia). 78 more words

Australian Tax

CGT in Portugal

Capital Gains Tax (CGT) is one of the major matters of interest when it comes to deciding where to buy a property, so it might be worthwhile knowing how it is calculated in Portugal. 556 more words

Legal database - View: Rulings: TR 97/25

Tr 2005/6
This Ruling explains the circumstances where it is considered that:

(a)a lease surrender receipt is assessable income under section 6-5 of the Income Tax Assessment Act 1997 (ITAA 1997); and (b)a lease surrender payment is deductible under section 8-1 of the ITAA 1997. 473 more words

CGT