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SLDT — A Practical Issues Update

Lakshmi Narain, Director, Tax Services at Baker Tilly and Marc Selby, Partner, Laytons Solicitors, update us on the practical issues of SDLT

 
Lakshmi Narain Director Tax Services at Baker Tilly and Marc Selby Partner Laytons Solicitors update us on the practical issues of SDLT
 
We are rapidly approaching the third anniversary of the appointed day for SDLT: 1 December 2006. Practitioners will be aware that SDLT was intended to be significantly different from stamp duty; and so it has proved. Many changes have been made over these three years and more can be expected. Mercifully many have been aimed at removing glitches. Property transactions are often high-value transactions involving complex legal concepts and the tax incorporates many of these concepts into its structure.
 
An especially positive...

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