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Geneva, Switzerland
Geneva, Switzerland
Geneva, Switzerland
For many years, I and others have lobbied the UK Government about the tax liability that can arise when appreciated real estate is refinanced using Shariah compliant finance. In the documents released alongside the 30 October 2024 Budget, the Government confirmed that it would fix this problem. However the change is only prospective, with no relief for those who have fallen into the trap before. The legislation is now on the statute book within Finance Act 2025.
Geneva, Switzerland
Geneva, Switzerland
Geneva, Switzerland
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