Compulsory purchases of land under contract
[ad_1] HMRC has updated its guidance to clarify the date of disposal where there is a compulsory purchase. Where a disposal is made under an unconditional contract, the date of disposal is the date the contract is made. The updated guidance confirms HMRC takes the view that where land is acquired under a contract, the […]
Environmental land management reliefs | ICAEW
[ad_1] The government is implementing frameworks to support private investment in nature’s recovery. Ecosystem service markets can assist in achieving the UK’s wider net-zero strategy, but there is uncertainty about how the current tax rules apply. A consultation on environmental land management was announced at the Spring Budget 2023. This talks through the issues concerning […]