Stamp taxes

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Stamp taxes guidance:

The higher rate of stamp duty land tax (SDLT) for high-value residential property (the 15% rate) was introduced as part of a package of measures aimed at making it less...

Practice Note

The higher rates of stamp duty land tax (SDLT) apply to: • purchases of certain additional residential properties by individuals, and • purchases of residential...

Practice Note

This Practice Note deals with the administration and enforcement provisions applicable to the principal charge and the higher rate charge to stamp duty reserve tax...

Practice Note

This Practice Note describes the rules on the disclosure of tax avoidance schemes (DOTAS) applying to stamp duty land tax (SDLT). The procedural aspects of the DOTAS...

Practice Note

If an exemption from stamp duty applies, a document (ie an instrument of transfer) which would otherwise be subject to UK stamp duty is exempt from such duty. This...

Practice Note

Executive summary An agreement to transfer chargeable securities for consideration in money or money's worth generally gives rise to a principal charge to SDRT at a rate...

Practice Note

FORTHCOMING CHANGE on extending market value rule to transfers of unlisted securities to connected companies: Following a consultation on aligning the stamp duty and SDRT...

Practice Note

FORTHCOMING CHANGE on aligning the stamp duty and SDRT consideration rules: A consultation ran from 7 November 2018 to 30 January 2019 on: (i) aligning the stamp duty and...

Practice Note

Stamp duty land tax (SDLT) is charged on chargeable land transactions. Consequently, the concept of a land transaction and what this encompasses is central to the...

Practice Note

FORTHCOMING CHANGE relating to non-residents buying residential property: Following an announcement at Budget 2018, the government has consulted on introducing an SDLT...

Practice Note

Produced in partnership with David Small of Arnot Manderson Advocates and Ronnie Brown of Burness Paull LLP The background to land and buildings transactions tax (LBTT)...

Practice Note

FORTHCOMING CHANGE in relation to rates of LBTT on NPV of rent: At Scottish Budget 2020, the Scottish government introduced a 2% rate of LBTT to apply where the NPV of...

Practice Note

Produced in partnership with David Small of Arnot Manderson Advocates and Ronnie Brown of Burness Paull LLP FORTHCOMING CHANGE relating to PAIFs and CoACS: The Scottish...

Practice Note

Produced in partnership with David Small of Arnot Manderson Advocates and Ronnie Brown of Burness Paull LLP Land and buildings transaction tax (LBTT) replaced stamp duty...

Practice Note

This Practice Note looks at the meaning of chargeable consideration, which determines the amount of stamp duty land tax (SDLT) payable on a chargeable transaction. For...

Practice Note

This Practice Note summarises the stamp duty land tax (SDLT) compliance regime and gives an overview of the sanctions that may be imposed by HMRC in various circumstances...

Practice Note

Once is has been determined that there is a notifiable transaction for SDLT purposes, it should be considered whether any reliefs or exemptions are available to reduce or...

Practice Note

Stamp duty land tax (SDLT) is charged on chargeable land transactions (the acquisition of a chargeable interest). For further guidance on how SDLT operates and its basic...

Practice Note

This Practice Note considers the steps to take in relation to SDLT once it is established there is a chargeable transaction. For details about the definition of a land...

Practice Note

The amount of SDLT charged in relation to a chargeable transaction is a percentage of the chargeable consideration for the transaction. The percentage is determined by...

Practice Note

Why are the SDLT anti-avoidance provisions important? The stamp duty land tax (SDLT) anti-avoidance provisions set out in section 75A of the Finance Act 2003 (FA 2003)...

Practice Note

Stamp duty land tax (SDLT) is charged on chargeable land transactions (the acquisition of a chargeable interest). For further guidance on how SDLT operates, see Practice...

Practice Note

FORTHCOMING CHANGE on extending market value rule to transfers of unlisted securities to connected companies: Following a consultation on aligning the stamp duty and SDRT...

Practice Note

FORTHCOMING CHANGE on extending market value rule to transfers of unlisted securities to connected companies: Following a consultation on aligning the stamp duty and SDRT...

Practice Note

FORTHCOMING CHANGE on extending market value rule to transfers of unlisted securities to connected companies: Following a consultation on aligning the stamp duty and SDRT...

Practice Note

This Practice Note provides an overview of land transaction tax (LTT) which replaced stamp duty land tax (SDLT) in Wales with effect from 1 April 2018. Three other...

Practice Note

FORTHCOMING CHANGE on extending market value rule to transfers of unlisted securities to connected companies: Following a consultation on aligning the stamp duty and SDRT...

Practice Note