Attention Property Lawyers!

By designer | 25th February 2011 |

Property lawyers and conveyancers should be aware that HM Revenue and Customs (HMRC) have announced a change to the information required in Stamp Duty Land Tax (SDLT) returns. HMRC has stated that the new forms will be available for use from April 2011 and must be used with effect from 4 July 2011.

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Furnished Holiday Lettings Rules

By designer | 20th January 2011 |

The Government has recently published revised proposals for new rules on the taxation of furnished holiday lettings (FHLs). According to the Government’s own figures, approximately 25% of existing FHL businesses will cease to qualify under the proposed new rules. Simon Newsham summarises the Government’s proposals below. What are the existing rules for FHLs? In general,…

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Group Relief for Stamp Duty Land Tax: Limited Liability Partnerships

By designer | 15th November 2010 |

Group Relief for Stamp Duty Land Tax: Limited Liability Partnerships Stamp Duty Land Tax – A change in HMRC’s view of the law Background Where UK real estate is transferred between members of the same group, and provided certain conditions are met, the tax legislation provides a relief from stamp duty land tax (SDLT). Companies…

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