Synopses & Reviews
Stamp Duty Land Tax (âSDLTâ) raises some £6 billion per annum - more revenue than inheritance tax and capital gains tax put together. Providing a much-needed, incisive and comprehensive commentary on every aspect of SDLT, this book will appeal to property lawyers, tax specialists, and anyone involved in land transactions. It gives a detailed discussion of the legislation and puts forward suggested interpretations and planning opportunities. The second edition is fully updated and deals with the many changes that have been made since the introduction of SDLT. New chapters provide in-depth coverage of the treatment both of leases and partnerships. Areas of difficulty which arise in practice are dealt with throughout. In addition, the chapter on planning has been revised to take account of new legislation and case law, including the impact of the SDLT disclosure rules.
Synopsis
Stamp duty on land and buildings has been abolished and replaced with a new tax, stamp duty land tax (SDLT). SDLT will raise in excess of £4 billion, more than inheritance tax and capital gains tax put together. The second edition of Stamp Duty Land Tax provides a detailed overview of SDLT and makes a comparison with the old stamp duty provisions, highlighting all the major substantive changes introduced. The second edition gives a detailed discussion of the legislation and incorporates a comprehensive commentary of the new tax charge on commercial leases as well as the provisions of Finance Act 2004. Additionally, there is an online bulletin board (www.cambridge.org/sdlt) to keep the reader up to date with key developments in the area.
Synopsis
The second edition of Stamp Duty Land Tax gives a detailed discussion of the legislation and incorporates a comprehensive commentary of the new tax charge on commercial leases as well as the provisions of Finance Act 2004.
Synopsis
The second edition of Stamp Duty Land Tax provides a detailed overview of SDLT and makes a comparison with the old stamp duty provisions, highlighting all the major substantive changes introduced. The second edition gives a detailed discussion of the legislation and incorporates a comprehensive commentary of the new tax charge on commercial leases as well as the provisions of Finance Act 2004. Additionally, there is an online bulletin board (www.cambridge.org/sdlt) to keep the reader up to date with key developments in the area.
Synopsis
Gives a detailed discussion of the legislation, highlighting substantive changes introduced since the last edition.
Synopsis
The law on stamp duty, based on the Stamp Act of 1891, has been thoroughly overhauled with a new law: Stamp Duty Land Tax (SDLT), introduced by Finance Act 2003. This book provides a detailed overview of SDLT in comparison with the old stamp duty provisions, and highlights the major changes introduced. It includes a detailed discussion of the legislation as well as suggested interpretations and planning opportunities. The volume will appeal to those involved in UK land and buildings transactions: property lawyers, solicitors, conveyancers, surveyors, and tax practitioners.
Synopsis
Stamp Duty Land Tax provides a detailed overview of the new law on land transactions.
Synopsis
Providing an incisive, comprehensive commentary on SDLT, this book will appeal to property lawyers, tax specialists, and anyone involved in land transactions. The second edition is fully updated and deals with the many changes since the introduction of SDLT. New chapters provide coverage of the treatment of leases and partnerships.
About the Author
Barrister, Gray's Inn Tax Chambers.KPMG Stamp Taxes Group.Barrister, Gray's Inn Tax Chambers
Table of Contents
Preface to first edition; Preface to second edition; The application of SDLT to Scotland and Northern Ireland; List of tables; Table of cases; Table of statutes; Table of statutory instruments; Table of rates of tax; Glossary; List of abbreviations; 1. Introduction and overview; 2. The charge to SDLT; 3. Application of SDLT to transactions other than sales; 4. Calculating the liability to SDLT; 5. Exemptions and reliefs; 6. SDLT and leases; 7. Partnerships; 8. Structuring transactions and planning; 9. Administration, compliance and appeals; 10. Commencement, transition and future developments; Appendix 1. Practitioner checklist; Appendix 2. Table of exemptions and reliefs; Index.