The Government has announced that it will introduce new legislation, effective from 13 March 2012, to counter tax avoidance that relies on property business loss relief or post-cessation property relief.
- Draft legislation
- Draft Explanatory Note – Property loss relief against general income: Tax-generated agricultural expenses
- Draft Explanatory Note – Post-cessation trade or property relief: Tax-generated payments or events
- Tax Information and Impact Note
- Written Ministerial Statement