Stamp duty in disadvantaged areas
Series: Inland Revenue Press Release ; 21 December 2001, (2)Publication details: 2002Subject(s): Summary: Since 30 November stamp duty has been abolished for all property transactions in around 2,000 disadvantaged areas around the UK. Currently, no distinction is made for stamp duty purposes between residential and non-residential property in these areas. A distinction is needed if this exemption is to be extended in time to non-residential property. The Inland Revenue has therefore published a consultation document: "Stamp duty: draft legislation to define residential property for the purposes of stamp duty exemption for land in disadvantaged areas" . To obtain a copy visit: http://www.inlandrevenue.gov.uk. Comments should be submitted by 22 February 2002.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3801-53 (Browse shelf(Opens below)) | 1 | Available | 116212-1001 |
Since 30 November stamp duty has been abolished for all property transactions in around 2,000 disadvantaged areas around the UK. Currently, no distinction is made for stamp duty purposes between residential and non-residential property in these areas. A distinction is needed if this exemption is to be extended in time to non-residential property. The Inland Revenue has therefore published a consultation document: "Stamp duty: draft legislation to define residential property for the purposes of stamp duty exemption for land in disadvantaged areas" . To obtain a copy visit: http://www.inlandrevenue.gov.uk. Comments should be submitted by 22 February 2002.