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Deep Thought: SDLT on PFI Projects

 
Matthew Scott a Senior Manager in the Real Estate Travel and Tourism group of Deloitte questions the adequacy of the relief from stamp duty land tax on Private Finance Initiative (PFI) projects
 
'Forty-two!' yelled Loonquawl. 'Is that all you've got to show for seven and a half million years' work?'
 
In Douglas Adams's novel The Hitch Hiker's Guide to the Galaxy the computer known as Deep Thought arrived at forty-two as The Answer to Life The Universe and Everything. It did not take quite so long (only three hundred and nine years from the introduction of stamp duty in the UK) for the same answer to be reached to the issue of taxing acquisitions of UK land. Forty-two...

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