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SDLT: Property Development Issues

 
Roger Thomas Pump Court Tax Chambers takes a detailed look at some of the SDLT problems facing property developers
 
In The Tax Journal Issue 909 12 November 2007 Alison Morris offered a 'back to basics' review of some of the SDLT problems that confront a property developer carrying on his day-to-day business. This article addresses in a little more detail some of the issues that Alison identified in her review.
Cause for complaint
 
It is a matter of no little surprise that four years on from the introduction of SDLT we still face a number of fundamental problems arising from the manner in which the FA 2003 was drafted: problems for which...

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