9 Stone Buildings

This Practice Note, produced in partnership with Graham Callard of Tanfield Chambers, deals with the key events that affect the inheritance tax status of an excluded property trust after 5 April 2025. It discusses trusts within the relevant property regime as well as interest in possession trusts. It also includes a summary of the key tax treaties relating to IHT or similar taxes entered into by the UK and case studies.

This Q&A looks at whether the 3% higher rates of SDLT apply to the purchase of a new property where individual purchasers have a property owning company.