6.4.1 A property business includes ‘every business’ carried on for generating income from land

There are, in fact, two categories of property business – a UK property business, which defines the investor’s UK property activities, and an overseas property business for properties that are located outside the UK. For each category, a property business is defined as being:

every business which the person carries on from generating income from land; and

every transaction entered into for that purpose otherwise than in the course of the business.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.