Very often a property portfolio held by a close-knit group of people, typically members of one family, will be referred to as a ‘partnership’ and will be accounted for as such in the annual tax returns. Alan Pink highlights danger areas with partnerships set up predominantly or wholly to hold investment property.

It is common practise for pension funds, in the form of a self-invested personal pension (SIPP) or small self-administered scheme (SSAS), to purchase commercial properties and rent them out using the rental income to finance the pension fund with the building held as an asset of the fund. Andrew Needham explains that a SIPP or SSAS that purchases property can register for VAT and recover the VAT on related costs.

Lee Sharpe looks at loans to directors and points out that they can be tax-efficient if managed effectively.

Malcolm Finney looks at deemed domiciled status following changes introduced in F(No 2)A 2017.

Mark McLaughlin reviews two recent important tax cases:

Mark McLaughlin highlights some exceptions and quirks in the minimum period of ownership requirement for inheritance tax business property relief purposes.

Parents are eligible to claim child benefit if they are responsible for one or more children under the age of 16, or under 20 where the child remains in approved education or training. Sarah Bradford explains why it is important to register for child benefit, even if it is clawed back via the high income child benefit charge.