A different type of tax
Dollar, Peta
A different type of tax - 2006 - Estates Gazette (0601) 7 January 2006, 94-95(2) .
This "Mainly for students" article investigates Stamp Duty Land Tax (SDLT) which is neither a close nor even distant relative of Stamp Duty. SDLT is a tax charged on land transactions and payable by the purchaser of a chargeable interest. SDLT is payable on leases but not on tenancies at will and licences. However some tenancies at will or licences may in fact be leases. Describes how SDLT is payable both on the premium and the rent when a new lease is granted and points out some SDLT traps. Explains why understanding SDLT is important. Provides further reading.
LANDLORD AND TENANT ACT 1954 PART II
A different type of tax - 2006 - Estates Gazette (0601) 7 January 2006, 94-95(2) .
This "Mainly for students" article investigates Stamp Duty Land Tax (SDLT) which is neither a close nor even distant relative of Stamp Duty. SDLT is a tax charged on land transactions and payable by the purchaser of a chargeable interest. SDLT is payable on leases but not on tenancies at will and licences. However some tenancies at will or licences may in fact be leases. Describes how SDLT is payable both on the premium and the rent when a new lease is granted and points out some SDLT traps. Explains why understanding SDLT is important. Provides further reading.
LANDLORD AND TENANT ACT 1954 PART II