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 Tag: bright-line tax

11 June 2021

Limited guidance on Interest limitation rules

On 10 June the Government released their discussion document “Design of the interest limitation rule and additional bright-line rules”. The discussion document provides details on the proposed interest limitation and bright-line rules, following the 23 March 2021 announcements.

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12 May 2021

The Family Home Can Still Attract Bright-line Tax

“Our target is not the family home. ” Whilst that might be true, it is not entirely the result achieved.   If you’re selling your main home, you don’t have to pay tax on the sale.

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