Finance Act 2013
2013 CHAPTER 29
Introduction
Sections 94 – 174, Schedules 33, 34, 35: Annual Tax on Enveloped Dwellings
Details of the Sections
Section 145 – Occupation by certain employees or partners
264.Subsection (1) provides that a day in a chargeable period is a relievable day where a single dwelling interest is held to make the dwelling available for use as a living accommodation for one or more qualifying employees or qualifying partners for the purposes of a qualifying trade.
265.Subsection (2) sets out that a qualifying trade must be carried on on a commercial basis and with a view to a profit.
266.Subsection (3) provides that making a dwelling available to a qualifying employee or partner also includes making it available to persons who are to share that accommodation with such an employee or partner as their family.
267.Subsection (4) provides the reference for the definition of “a relevant group member” in subsection (1)(a) as mentioned in paragraph 1(2) of Schedule 7 FA 2003.
- Blaenorol
- Nodiadau Esboniadol Tabl o’r Cynnwys
- Nesaf
