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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.

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.