Q&As

How is stamp duty land tax to be applied where the owner of a residential property transfers it to a discretionary trust for nil consideration?

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Published by a LexisNexis Private Client expert
Published on: 02 August 2022
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This Q&A assumes that the property is not subject to a mortgage

As a general rule, stamp duty land tax (SDLT) is charged by reference to the chargeable consideration given for the subject matter of the transaction. Chargeable consideration is defined as any consideration given in money or

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Jurisdiction(s):
United Kingdom
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