Inheritance Tax business property relief on Holiday Lettings: Pawson V Inland Revenue Commissioners

The recent First Tier Tribunal decision in Pawson v Inland Revenue Commissioners granted inheritance tax business property relief to an interest in a property used for holiday lettings.

The personal representatives of Nicolette Pawson, who died 20 June 2006, appealed against a determination that Mrs Pawson’s 25% share in a property on the Suffolk coast was subject to inheritance tax. Continue Reading

Asking HMRC for Advice; Inheritance Tax – Documenting Lifetime Transfers; Stamp Duty Land Tax

The following articles appeared in Tax Insider:

Sleeping with the Enemy – Asking HM Revenue and Customs for Advice on Tax

By James Bailey | April 2010

James Bailey points out that free advice is not always the best advice. Continue Reading