During the second reading debate on the Finance Bill (see below), the government announced its intention to table an amendment to the provisions on SDLT higher rates for additional dwellings (cl 117) to ensure that ‘granny flat’ annexes attached to a main property do not come within the charge. The financial secretary to the Treasury had been ‘made aware that the Bill as drafted might lead to some main houses with an annexe for older relatives attracting the higher rates of SDLT intended to apply to additional properties’. He assured the House that the amendment would ‘correct the error and ensure fair treatment for annexes’.
During the second reading debate on the Finance Bill (see below), the government announced its intention to table an amendment to the provisions on SDLT higher rates for additional dwellings (cl 117) to ensure that ‘granny flat’ annexes attached to a main property do not come within the charge. The financial secretary to the Treasury had been ‘made aware that the Bill as drafted might lead to some main houses with an annexe for older relatives attracting the higher rates of SDLT intended to apply to additional properties’. He assured the House that the amendment would ‘correct the error and ensure fair treatment for annexes’.
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")