000 01045cam a2200229 4500
001 ABS65996
008 021007n2002 000 0 eng u
035 _a(Sirsi) u120008
100 _aMarriott, J
245 _aKeep the vehicle wheels well oiled
260 _c2002
490 _aEstates Gazette
_v(0235) 31 August 2002, 90-91(2)
520 _aExamines the continued value of property special purpose vehicles (SPVs), popular because of the low stamp duty rate of 0.5% paid by the purchaser on a sale. Restrictions introduced in the Finance Act 2002 and more expected in the Finance Act 2003 mean that SPV sales only have a limited lifespan and are likely to cease in 2003. Advises those involved with SPVs to familiarise themselves with the differences (discussed in the article) from the usual property sale procedures.
590 _aABS
650 _aFINANCE ACT 2002
650 _aFINANCE ACT 2003
650 _aSTAMP DUTY
650 _aSPECIAL PURPOSE VEHICLE
650 _aGROUP RELIEF
690 _aTAXATION
942 _n0
999 _c71310
_d71310