The Charge to Income Tax by Reference to Enjoyment of Property Previously Owned Regulations 2005

These Regulations are made pursuant to Schedule 15 of the Finance Act 2004 (c. 12) which provides for an income tax charge in relation to the benefit enjoyed by taxpayers in certain circumstances from continuing to enjoy assets they formerly owned.

Author: Jim Murphy and Nick Ainger, Two of the Lords Commissioners of Her Majesty’s Treasury

Last modified: 2010-07-16