Navigating the complexities of stamp and transfer taxes requires up-to-date knowledge and precision. Our comprehensive guidance equips legal practitioners with the insights needed to ensure compliance and optimise outcomes for clients. Stay ahead with expert advice on managing the nuances of these critical tax areas.
The Supreme Court has unanimously allowed HMRC’s appeal, holding that approximately £28 million in redress payments made by ScottishPower to customers...
This week's edition of Tax weekly highlights includes: (1) a reminder of the Budget scheduled for Wednesday 28 October 2026, (2) the Supreme Court’s...
Tax analysis: In Bunting v HMRC, the Court of Appeal rejected the taxpayer’s appeal, holding that capital gains tax (CGT) relief for a loan to a...
The Law Society of England and Wales has published a practice note on the use of artificial intelligence (AI) in legal practice. It confirms that...
VAT treatment of damages and compensation paymentsA damages or compensation payment may attract VAT. This depends on exactly what the payment is for....
The double taxation treaty passport scheme (DTTP scheme)The double taxation treaty passport scheme (DTTP scheme) enables a borrower to apply for and...
What are capital allowances and capital expenditure?What are capital allowances?Capital allowances are the means by which tax relief is given for some...
If the words ‘exclusive of VAT’ are omitted from the definition of annual rent, but there is a VAT clause stating: ‘Where this lease requires the...
Could you please explain when certificate 1 or certificate 2 of a stock transfer form should be completed?Normally, a transfer of UK shares is effected by way of a stock transfer form.A stock transfer form contains two certificates for stamp duty purposes, for which see: Completing a stock transfer
Clawback of SDLT group reliefExemption from SDLT can be claimed for land transactions between bodies corporate which are members of the same group for SDLT purposes at the effective date (generally, completion) of their intra-group land transaction. For more information, see Practice Notes:•SDLT
Does a share buyback attract stamp duty?Stamp duty is an ad valorem duty which applies to transfers of stock and marketable securities for consideration where the transfer is effected by a written transfer instrument.Stamp duty will generally apply to the return (Form SH03) that is required to be
If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some point
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