Income Tax Repayment Part of Deceased Taxpayer’s Estate
The First-tier Tribunal (FTT) has found that a repayment of Income Tax due to a taxpayer who had died during the relevant tax year formed part of her estate for...
Continue readingOne of the potential disadvantages of having more than one owner of a property is what to do when they take different views of whether it should be sold. In a recent case, a husband went to court to force the sale of a property he owned with his wife (she having a very small share) when she refused to cooperate and took significant – and successful – steps to scare off potential purchasers.
The wife bombarded prospective purchasers with misinformation regarding the property, designed to persuade them to withdraw their interest in it.
The solution sought by the husband was simple – he asked the court to make sure that the names and addresses of any proposed purchasers and their solicitors would not be revealed to his wife.
The court was able to agree.