Compensation change put on hold
Posted by mostafa on 24 November, 2015
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This item was filled under Tax
HMRC have published a response to their July 2014 consultation Legislating extra-statutory concession D33.
The concession deals with capital sums received as compensation or damages that can be liable to capital gains tax in the hands of non-corporates or corporation tax on chargeable gains in the hands of corporates.
None …