Stamp duty land tax

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Practice notes
Overdrafts, term loans and revolving credit facilitiesThree common types of loan facility are:•overdrafts•term loans, and•revolving credit facilities...
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9th Nov
Practice notes
A damages or compensation payment may attract VAT. This depends on exactly what the payment is for. If it is purely compensatory, it will be outside...
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9th Nov
Practice notes
Where a dispute is brought to an end by a payment of damages or compensation, whether under a court order or an out-of-court settlement agreement:•the...
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9th Nov
Practice notes
This Practice Note is about the meaning of a scheme of reconstruction for tax purposes.Tax neutrality is maintained where a company (company A) enters...
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9th Nov
Practice notes
Coronavirus (COVID-19): HMRC has stated in its International Manual that if a financial institution cannot meet the FATCA reporting deadline of 31 May...
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Produced in partnership with Ali Kazimi and Chris Orchard of Hansuke Consulting Limited 12th Jan
Practice notes
It is standard market practice for loan agreements (also known as facility agreements), whether bilateral or syndicated, to:•prohibit a borrower from...
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Produced in partnership with Eloise Walker of Pinsent Masons 12th Jan
Practice notes
This Practice Note describes the law and practice relating to elections under section 198 or 199 of the Capital Allowances Act 2001 (CAA 2001), which...
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Produced in partnership with Martin Wilson 12th Jan
Practice notes
The reasons why a company might carry out a demerger, and the different ways in which a demerger may be structured, are described in Practice Notes:...
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Produced in partnership with Zoe Feller of Bird & Bird 12th Jan
Practice notes
It is market practice for a tax covenant, also known as a tax deed, to form part of the transaction documents in respect of a sale of all the shares...
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9th Nov
Practice notes
Brexit: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...
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Produced in partnership with Martin Shah and Gary Barnett of Simmons & Simmons LLP 12th Jan
Practice notes
Plant and machinery allowances are the most widely used form of capital allowance. Plant and machinery is often (wrongly) interpreted as if the terms...
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Produced in partnership with Martin Wilson 12th Jan
Practice notes
FORTHCOMING CHANGE: HMRC is consulting (13 July to 10 August 2020) on draft regulations to provide a deduction from a UK entity’s equity and...
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Produced in partnership with Charlotte Sallabank of Katten Muchin Rosenman UK LLP 12th Jan
Practice notes
Brexit: This Practice Note contains information on subjects impacted by the UK’s withdrawal from the EU. The Taxation (Cross-border Trade) Act 2018,...
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Produced in partnership with John Fuszard of Sagars Accountants Ltd 12th Jan
Practice notes
Stamp duty land tax (SDLT) ceased to apply to any land transaction involving any interests in or over land in Scotland from 1 April 2015. From that...
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9th Nov
Practice notes
FORTHCOMING CHANGE relating to property rich collective investment vehicles and certain investors: HMRC is consulting until 16 December 2020 on draft...
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9th Nov
Practice notes
Part 8 of the Corporation Tax Act 2009 (CTA 2009) is a specific corporation tax regime that applies exclusively to the gains and losses of intangible...
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Produced in partnership with Anne Fairpo of Temple Tax Chambers 12th Jan

Most recent Stamp duty land tax content

Q&As
Who is the purchaser for the purposes of the higher rates of stamp duty land tax when the dwelling is to be acquired by a bare trust and the...
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13th May
Q&As
How does SDLT apply to the grant of a shared ownership lease?There are specific and detailed stamp duty land tax (SDLT) rules which apply to the grant...
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13th May
Q&As
Is stamp duty land tax (SDLT) payable where joint owners become tenants in common and one transfers most of its equity to the other, so that they end...
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13th May
Q&As
Does a deed of variation to increase the rent for the remainder of the term of a lease result in additional SDLT becoming payable? Practice Note...
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13th May
Q&As
Is SDLT payable on the grant of an easement?The stamp duty land tax (SDLT) provisions are set out in Part 4 of the Finance Act 2003 (FA 2003). FA...
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13th May
Q&As
A tenant of a shared ownership lease who currently owns 65% of the property will proceed with final staircasing as part of a sale of the property and...
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Produced in partnership with Sean Randall of Blick Rothenberg 13th May
Q&As
What is the stamp duty land tax position when a company transfers land to a director/shareholder for nil consideration?As a general rule (subject to...
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Produced in partnership with Mary Ashley of 15 Old Square 13th May
Q&As
Where a landlord has agreed a reduced concessionary rent in a side letter, is stamp duty land tax payable on the rent as set out in the lease or...
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Produced in partnership with Sean Randall of Blick Rothenberg 13th May
Q&As
Where a person is renting in the UK and owns a property abroad that was previously their main residence but is now rented out, will the 3% higher rate...
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13th May
Q&As
Do the 3% higher rates of stamp duty land tax apply to an acquisition of residential property (as a buy-to-let) in the UK when the individual rents...
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13th May
Q&As
How is SDLT calculated on the assignment of a lease?The assignment of a lease is generally treated in the same way as the transfer of a freehold...
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13th May
Q&As
Will SDLT be payable by a local authority on the acquisition of land and a new school from a developer in compliance with a s106 planning...
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13th May
Q&As
Will the purchase of one third of a property to be used as a main residence be subject to the higher SDLT rates where the purchaser has recently sold...
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13th May
Q&As
Can a newly purchased dwelling become a replacement for an only or main residence if the ‘main residence’ is not lived in until after the new dwelling...
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13th May

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