United Kingdom · Question · Written question
UIN 19694
Owner Occupation
Introduced
16 June 2022
Last action
23 June 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
23 June 2022
Summary
To ask the Chancellor of the Exchequer, if his Department will make an assessment of the potential merits of amending section 71A of the Finance Act (2003) to include gradual homeownership.
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Timeline
16 June 2022
Written question
To ask the Chancellor of the Exchequer, if his Department will make an assessment of the potential merits of amending section 71A of the Finance Act (2003) to include gradual homeownership.
Source: Commons
23 June 2022
Answer
Section 71A of the Finance Act 2003 provides tax relief for financial institutions who purchase property which is subject to alternative financing arrangements. The rules prevent a double tax charge applying so that the tax outcome for purchasers is the s...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-06-16/19694
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1471063
- uk · wq-1471063 · source updated 23 June 2022