Posts Tagged ‘stamp duty for commercial property’
What price larger homes
The head of communications at the Home Builders Federation (HBF) has recently admitted that at the moment the trend for building new homes has moved towards larger properties. Commentating on the current state of the house build market Steve Turner went on to say that “Builders will obviously build what they can sell. People that…
Read MoreHope for UK Commercial Property
The CB Richard Ellis monthly index of commercial property returns continues to bring hope of recovery within the sector. Overall the sector posted growth of 0.7% in May, capitalising on the 0.6% growth seen in April. Across the UK the picture is mixed. Within the capital returns for office accommodation rose by 1% against a…
Read MoreContraction in construction
Whilst spring heralded signs of recovery in large swathes of the economy, the construction industry continues to buck the trend. Even admitting that the poor weather at the beginning of the year won’t have helped, construction statistics continue to give cause for concern. Starting with the general picture, although the UK as a whole returned…
Read MoreThe complexities of corporate transaction tax planning including SDLT implications
One of the mainstays of the Government’s recovery policy is the encouragement of small business and enterprise. Its success in this area is partially underlined by the number of new companies being registered at Companies House. In March 2011 alone a total of 43,619 new companies were registered, a rise of 5% on the previous…
Read MoreAttention Property Lawyers!
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.
Read MoreGroup Relief for Stamp Duty Land Tax: Limited Liability Partnerships
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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