Death of the Option to Tax

Well, now I've grabbed your attention with a sensationalist headline, I have to admit that the option to tax is not forever gone (more is the pity I hear some of you say!), however, the title does bear some relevance to something I overheard today.

The most common query we ever receive is whether an option flows with a building or not. It's a common misunderstanding, but as my colleague put it so well today, 'the option to tax dies with each separate person's interest'. (Isn't it hard not to earwig into other people's conversations in an open plan office!)

Dramatic description, but certainly gets the point across!