Switching onto a new tax relief
Switching onto a new tax relief
- 2011
- Estates Gazette (1143) 29 October 2011, 102(1) .
Describes a new stamp duty land tax relief that has been introduced in the Finance Act 2011. This applies to transactions with an effective date on or after 19 July 2011 in which two or more dwellings are acquired. The rate is determined using the average price of each dwelling rather than the total. Athough guidance on the new rules has been published certain important questions remain unanswered such as a lack of definition for a "single dwelling".
United Kingdom--
Describes a new stamp duty land tax relief that has been introduced in the Finance Act 2011. This applies to transactions with an effective date on or after 19 July 2011 in which two or more dwellings are acquired. The rate is determined using the average price of each dwelling rather than the total. Athough guidance on the new rules has been published certain important questions remain unanswered such as a lack of definition for a "single dwelling".
United Kingdom--