United Kingdom · Question · Written question
UIN 80974
Property Development: Taxation
Original
Introduced
24 November 2021
Last action
2 December 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Taxation
Source updated
2 December 2021
Summary
To ask the Chancellor of the Exchequer, whether BTR developments will be affected by the Residential Property Developer Tax in the event that such developments are transferred or sold within a group for accounting purposes.
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Timeline
24 November 2021
Written question
To ask the Chancellor of the Exchequer, whether BTR developments will be affected by the Residential Property Developer Tax in the event that such developments are transferred or sold within a group for accounting purposes.
Source: Commons
2 December 2021
Answer
The Residential Property Developer Tax will apply to companies that make trading profits from residential property development activities and are part of a group that is generating relevant profits in excess of £25 million. This means the tax will not app...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-11-24/80974
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1381798
- uk · wq-1381798 · source updated 2 December 2021