SDLT planning and s 75A
In Project Blue v HMRC [2014] UKUT 564 (18 December 2014) the UT found that FA 2003 s 75A applied to a transaction which would otherwise have been exempt from SDLT.
The issue was the SDLT payable on the disposal of the Chelsea Barracks by the secretary of state for Defence (SSD) for a price of £959m.
The sale comprised the following steps:
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
SDLT planning and s 75A
In Project Blue v HMRC [2014] UKUT 564 (18 December 2014) the UT found that FA 2003 s 75A applied to a transaction which would otherwise have been exempt from SDLT.
The issue was the SDLT payable on the disposal of the Chelsea Barracks by the secretary of state for Defence (SSD) for a price of £959m.
The sale comprised the following steps:
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: