Stamp duty loophole
Language: English Series: Times ; 29/12/87 p8Publication details: 1987Subject(s): Summary: The Inland Revenue is to block schemes whereby people buying new houses have avoided paying stamp duty . This has occurred when vacant land is sold with a linked agreement to build a house on the site where the vendor is also the housebuilder.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2401-31 (Browse shelf(Opens below)) | 1 | Available | 93983-1001 |
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| WB2401-28 Office relocation | WB2401-29 Sunday trading | WB2401-30 Change in law | WB2401-31 Stamp duty loophole | WB2401-32 Water protection zones | WB2402-01 EC cash offer | WB2402-02 Land price bias |
The Inland Revenue is to block schemes whereby people buying new houses have avoided paying stamp duty . This has occurred when vacant land is sold with a linked agreement to build a house on the site where the vendor is also the housebuilder.