Revenue & Customs Brief 03/11 explains ‘minor changes’ to an anti-avoidance rule which disapplies the option to tax in some circumstances.
From 1 March 2011, the option will no longer be disapplied where the grantor occupies ‘minor parts of buildings’, and occupation of any building which is solely by way of ATMs will not be treated as occupation.
Revenue & Customs Brief 03/11 explains ‘minor changes’ to an anti-avoidance rule which disapplies the option to tax in some circumstances.
From 1 March 2011, the option will no longer be disapplied where the grantor occupies ‘minor parts of buildings’, and occupation of any building which is solely by way of ATMs will not be treated as occupation.
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")