POAT: Out Of The Frying Pan Into The Fire? Part 2

Some possible exceptions to the pre-owned assets income tax charge, as it applies to land and property. The pre-owned assets tax (POAT) is an income tax charge that can be an unexpected and unpleasant surprise for some individuals. Fortunately, the scope of POAT is restricted by a number of excluded transactions and exemptions from the […]

POAT: Out Of The Frying Pan Into The Fire? Part 2

Some possible exceptions to the pre-owned assets income tax charge, as it applies to land and property. The pre-owned assets tax (POAT) is an income tax charge that can be an unexpected and unpleasant surprise for some individuals. Fortunately, the scope of POAT is restricted by a number of excluded transactions and exemptions from the […]