The Welsh government has published a draft version of the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill, in advance of its introduction into the Welsh National Assembly in autumn 2016. It is anticipated that the bill will receive Royal Assent in summer 2017.
The Welsh government has published a draft version of the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill, in advance of its introduction into the Welsh National Assembly in autumn 2016. It is anticipated that the bill will receive Royal Assent in summer 2017. Decisions on tax rates and bands will be made closer to the April 2018 commencement date.
The legislation will be broadly consistent with SDLT, preserving the underlying structure and mirroring key elements such as partnerships, trusts and reliefs, which it is hoped will provide stability and reassurance to businesses and the property market. See http://bit.ly/29CPl7Z.
The Welsh government has published a draft version of the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill, in advance of its introduction into the Welsh National Assembly in autumn 2016. It is anticipated that the bill will receive Royal Assent in summer 2017.
The Welsh government has published a draft version of the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill, in advance of its introduction into the Welsh National Assembly in autumn 2016. It is anticipated that the bill will receive Royal Assent in summer 2017. Decisions on tax rates and bands will be made closer to the April 2018 commencement date.
The legislation will be broadly consistent with SDLT, preserving the underlying structure and mirroring key elements such as partnerships, trusts and reliefs, which it is hoped will provide stability and reassurance to businesses and the property market. See http://bit.ly/29CPl7Z.
