Capital gains tax – sale of land – whether property owned jointly – yes – enhancement expenditure – whether expenditure incurred by associated company is to be treated as incurred by landowners – no – whether amount assessed should be increased under section 50 Taxes Management Act 1970 – no – appeal allowed in part
Citations:
[2018] UKFTT 549 (TC)
Links:
Jurisdiction:
England and Wales
Capital Gains Tax
Updated: 25 October 2022; Ref: scu.632321