I am a freeholder. The flat owner is going to pay me a premium to extend his lease. Am I going to pay any tax on that? The answer to this is that ‘it depends.’ Assuming that there will be a capital gain on the disposal when the lease is granted then the answer is probably ‘yes’. The exception may …
Jewelcraft v Pressland [2015] EWCA Civ 1111
What is a house? – mixed use commercial premises You may have been following the case of Jewelcraft v Pressland which has been making its way from the Court of Appeal to the Supreme Court. The Supreme Court has turned down the landlords’ application for leave to appeal. Whilst this is not a wholly unexpected result, the Supreme Court has …