Documents related to 'Exchange of joint interest relief claim'
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SEIS reinvestment relief claimIf you make a capital gain you can reduce or eliminate any capital gains tax (CGT) payable by purchasing shares in a seed enterprise investment scheme (SEIS) company.GainsCGT is payable on gains made from the sale or tra... Read more
11 Dec 2018
Claim for a capital loss for an irrecoverable loan to a traderIf you made a loan to a business which it cannot repay, the amount remaining outstanding may be treated as a capital loss. HMRC requires conditions to be met before it will accept the loss... Read more
24 Sep 2009
Unincorporated business trading loss relief claimIf your sole trader or partnership business made a loss you can claim relief for it against the tax payable on your other income for that year or the year before. If only part of the loss can be reliev... Read more
01 Sep 2010
Claim for small part disposal relief - compulsory purchaseIf you are forced to sell your land to a local authority under a compulsory purchase order, you could benefit from an expanded form of small part disposal relief.Part disposals - generallyWhen... Read more
19 Jun 2018
Claim for payment under guaranteeOne way of helping a growing business is to act as guarantor to its loan finance. If you are called upon to make good some or all of the loan under the terms of the guarantee, you may be entitled to claim a capital ga... Read more
04 May 2017
Claim for a capital loss outside self-assessmentIf you sell an asset for less than it cost, you will have made a capital loss. Usually, you are required to claim tax relief for a capital loss through your self-assessment tax return but if you don't co... Read more
20 Jun 2017
Claim for relief for damaged assetCapital gains tax may be payable if you receive compensation for damage caused to one of your assets. However, if you use the amount received to repair or restore the asset, you can defer the tax.DamageWhen an asset ... Read more
10 Nov 2017
Share loss relief claimUsually, capital losses can only be used to reduce capital gains but in some circumstances they can be used to reduce tax on income.Share lossesLosses incurred on certain qualifying company shares are eligible for special treat... Read more
16 Apr 2018
CGT negligible value claimIf you own an asset that has become of negligible value, i.e. worthless, you can make a negligible value claim which entitles you to treat the asset as if it were sold for nothing. The effect of this is to create a capital l... Read more
13 Nov 2009
