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Move north, pay more

Language: English Series: Financial Times ; 5 November 1994, IX(1)Publication details: 1994Subject(s): Summary: Discusses a tax anomaly which affects relocated employees, who will not be taxed on benefits provided by an employer to help sell existing homes so long as the benefit is provided after the employee`s `beneficial interest` in the property has been transfered. But, in Scotland beneficial interest in property is not deemed to pass from the owner until the change in ownership is recorded at the Land registry.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3042-85 (Browse shelf(Opens below)) 1 Available 81307-1001

Discusses a tax anomaly which affects relocated employees, who will not be taxed on benefits provided by an employer to help sell existing homes so long as the benefit is provided after the employee`s `beneficial interest` in the property has been transfered. But, in Scotland beneficial interest in property is not deemed to pass from the owner until the change in ownership is recorded at the Land registry.