Kevin Ashman and Aaron Burchell review some key SDLT issues for transactions involving partnerships, on which HMRC have recently published guidance
Although Stamp Duty Land Tax was introduced in December 2003, it was not (with the exception of some penalty cases) until the release of the decision in DV3 RS Limited Partnership v HMRC [2011] TC01012 on 17 March 2011 that the judiciary first opined on the provisions of FA 2003 Part 4.
HMRC published guidance on the new 5% rate of Stamp Duty Land Tax which applies for residential property transactions where the chargeable consideration exceeds £1 million and the effective date is on or after 6 April 2011.
Nigel Popplewell reviews the Budget 2011 Tax Proposals
Patrick Cannon provides your guide to the new regime, which has so far received little publicity from HMRC
The Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) (Revocation) Regulations, SI 2011/665, revoke from 1 April regulations that remove multiple charges to stamp duty and SDRT from transactions made on a regulated market, a multilateral trading facility or over the
HMRC have published new guidance on the anti-avoidance provision in FA 2003 s 75A, giving examples of situations where HMRC consider that s 75A does and does not apply.
The Stamp Duty Land Tax (Administration) (Amendment) Regulations, SI 2011/455, amend the land transaction return to provide extra information, in connection with a programme to move HMRC’s information technology systems to a
Marc Selby considers that this commonly held assumption is not always correct
Sara MacCullum identifies the tax issues that matter in 2010 for commercial property transactions