Holiday Homes Abroad
Article Abstract:
Investment in holiday homes abroad has been increasingly popular to United Kingdom residents. When not used by their owners, they are generally rented. This income is taxable on the gross rent income. Travelling to the investment and using expenses as deductions is scrutinized by the Inland Revenue. There is no tax relief on loan interest as the land is abroad. Laws in the three main countries for foreign home purchases by United Kingdom residents are discussed. Before purchasing a holiday home abroad comparisons of foreign regulations and United Kingdom tax codes should be analyzed.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1984
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Class is no longer a four-letter word
Article Abstract:
The 1996 presidential campaign has because one of class warfare, though the candidates do not admit it. Buchanan has appealed to the working class, railing against both corporate chiefs who lay off workers by the thousands and welfare recipients and immigrants.
Publication Name: The New York Times Magazine
Subject:
ISSN: 0028-7822
Year: 1996
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Taxing the New Stuff
Article Abstract:
Australia has been unsuccessful in its attempt to levy taxes on coal, uranium and gold. The Hawke administration hopes to be able to tax offshore oil-fields discovered after 1975. The oil companies are making a moderate protest.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
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