Q&As

What is the SDLT position where four properties (1, 2, 3 and 4) which are each held on bare trust for four beneficiaries (A, B, C and D) equivalent to a 25% interest each are transferred so that A acquires a 100% interest in property 1, B acquires a 100% interest in property 2, etc?

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Produced in partnership with Mary Ashley of Old Square Tax Chambers
Published on LexisPSL on 01/11/2019

The following Private Client Q&A produced in partnership with Mary Ashley of Old Square Tax Chambers provides comprehensive and up to date legal information covering:

  • What is the SDLT position where four properties (1, 2, 3 and 4) which are each held on bare trust for four beneficiaries (A, B, C and D) equivalent to a 25% interest each are transferred so that A acquires a 100% interest in property 1, B acquires a 100% interest in property 2, etc?

What is the SDLT position where four properties (1, 2, 3 and 4) which are each held on bare trust for four beneficiaries (A, B, C and D) equivalent to a 25% interest each are transferred so that A acquires a 100% interest in property 1, B acquires a 100% interest in property

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