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A different type of tax

By: Language: English Series: Estates Gazette ; (0601) 7 January 2006, 94-95(2)Publication details: 2006Subject(s): Summary: 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.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L132120 (Browse shelf(Opens below)) 1 Available 132120-1001

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.