March 28, 2024
SDLT, LTT and LBTT
In this podcast episode, we are once again joined by Patrick Cannon, Barrister, and a recognised expert on all things SDLT, for an industry update on SDLT and how the abolition of MDR in the recent budget will have an affect on the market.
You can listen to the episode here.
In this episode we discuss the recent budget changes and tax tribunal cases relating to claims for Multiple Dwellings Relief for SDLT, and what is likely and unlikely to succeed; should HMRC challenge a claim.
As always Patrick's strong tax knowledge and approachable manner, makes him a Property Planet favourite, providing comment and insight in a clear and understandable way.
A new ‘Industry Recognised’ Property Planet episode will be uploaded each month and if you have any burning questions or queries regarding any tax or legal topic surrounding UK property, then we would love you to send them in to us at enquiries@bhptax.law, marked 'Property Planet' and we will try and include them in the next podcast.
Link to the research material referred to in this podcast include:
https://www.gov.uk/government/publications/stamp-duty-land-tax-relief-for-multiple-dwellings-evaluation/stamp-duty-land-tax-relief-for-multiple-dwellings-process-evaluation-quantitative-findings-executive-summary
As always, if you have any questions related to Stamp Duty Land Tax or wider tax and legal questions involved with property transactions, please send us an email to enquiries@bhptax.law and we'll gladly get back to you.
Bell Howley Perrotton LLP is a limited liability partnership registered in England and Wales under number OC353525. Registered office: 20-22 Wenlock Road, London, N1 7GU. VAT number: GB 991703492.
BHP Advisory Ltd is a company registered in England and Wales under number 15240401. Registered office: 53 Davies Street, Mayfair, London, W1K 5JH. VAT number: GB 484722859.
