| 000 | 01308cab a2200265 4500 | ||
|---|---|---|---|
| 001 | ABS68395 | ||
| 008 | 041004n2004 000 0 eng u | ||
| 035 | _a(Sirsi) u127621 | ||
| 100 | _aMcCutcheon, B. | ||
| 245 | 4 | _aThe pre-owned assets regime - I | |
| 260 | _c2004 | ||
| 490 |
_aTaxation _v153(3975) 16 September 2004, 626-629(4) |
||
| 520 | _aThis article provides an explanation of the new pre-owned asset rules. Schedule 15 of the Finance Act 2004 has introduced a new charging regime under which individuals in the UK will, from 6 April 2005, be charged income tax on an annual basis regarding benefits from certain kinds of property. Either property owned by others which the individual previously owned, or the acquisition of which they financed. The broad structure of the regime is to establish a separate charging system for three different types of property: land, chattels and intangible property held in a settler-interested settlement. The article discusses these areas in further detail. | ||
| 590 | _aABS | ||
| 590 | _aABS | ||
| 650 | _aFINANCE ACT 2004 SCHED 15 | ||
| 650 | _aFINANCE ACT 1986 | ||
| 650 | _aCHATTELS | ||
| 650 | _aLAND | ||
| 650 | _aINTANGIBLE PROPERTY | ||
| 650 | _aCHARGING CODES | ||
| 650 | _aOWNERSHIP EXEMPTION | ||
| 690 | _aTAXATION | ||
| 942 | _n0 | ||
| 999 |
_c74558 _d74558 |
||