A mistake could land you in trouble
Dayananda, Helen
A mistake could land you in trouble - 2010 - Estates Gazette (1022) 15 May 2010, 100-101(2) .
Examines the new penalty regime for incorrect stamp duty land tax (SDLT) which came into force on 1 April 2010. Explains that the measures are an attempt to harmonise the penalties for inaccurate returns across the different taxes and that as the taxpayer's adviser takes a greater role in preparing and filing SDLT returns it seems likely that they could suffer any penalties imposed. Gives guidance on how best to prepare these returns to minimise any risk.
ENGLAND AND WALES
A mistake could land you in trouble - 2010 - Estates Gazette (1022) 15 May 2010, 100-101(2) .
Examines the new penalty regime for incorrect stamp duty land tax (SDLT) which came into force on 1 April 2010. Explains that the measures are an attempt to harmonise the penalties for inaccurate returns across the different taxes and that as the taxpayer's adviser takes a greater role in preparing and filing SDLT returns it seems likely that they could suffer any penalties imposed. Gives guidance on how best to prepare these returns to minimise any risk.
ENGLAND AND WALES