Q&As

Does an amendment to an overage provision in 2016 (that changed the trigger point and overage period but not the overage amount) attract a stamp duty land tax (SDLT) liability where the overage was originally granted pre-SDLT (ie before 1 December 2003)?

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Produced in partnership with Sean Randall of Blick Rothenberg
Published on LexisPSL on 09/10/2019

The following Tax Q&A produced in partnership with Sean Randall of Blick Rothenberg provides comprehensive and up to date legal information covering:

  • Does an amendment to an overage provision in 2016 (that changed the trigger point and overage period but not the overage amount) attract a stamp duty land tax (SDLT) liability where the overage was originally granted pre-SDLT (ie before 1 December 2003)?

Does an amendment to an overage provision in 2016 (that changed the trigger point and overage period but not the overage amount) attract a stamp duty land tax (SDLT) liability where the overage was originally granted pre-SDLT (ie before 1 December 2003)?

An overage is a payment made by the purchaser after completion of a land transaction and is usually a percentage of the increase in the value of the purchased land due to planning permission or a percentage of the sale

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