Denning v Revenue and Customs (Tax – Income Tax and Stamp Duty Land Tax – Valuation of Care Homes): UTLC 8 Apr 2021

TAX – Income Tax and Stamp Duty Land Tax – valuation of care homes – leasehold interests let at market rent – whether premiums paid form part of the value of the leasehold interests – trade related properties – trading potential – profits method of valuation – RICS Guidance – section 272, Taxation of Chargeable Gains Act 1992 – appeals allowed
[2021] UKUT 76 (LC)
Bailii
England and Wales

Updated: 11 June 2021; Ref: scu.662181