000			01264cab a22002175a 4500
001			L145422
008			081007e20081004xxka f 000 0 eng d
035			_a(Sirsi) u145422
041	0		_aeng
100	1		_aCartwright, Cassandra
245	0	2	_aA five-year abnormality
260			_c2008
490			_aEstates Gazette _v(0839) 4 October 2008, 118-120(3)
520			_aArticle looks at the Stamp Duty Land Tax (SDLT) regime, due to come into force on 1 December 2008 and illustrates that tenants who face significant rent increases may also end up with an additional tax burden. Tenants coming to the end of a five year rent review cycle may be eligible to pay an increased contribution towards SDLT if their rent increases by an abnormally large amount, as part of attempts to prevent the practice of letting premises at lower rates to lower SDLT obligations, only to raise them later in the tenancy to shore up the difference in average rents. Includes examples and a methodology for calculating abnormal rent increases and discusses managing due tax.
590			_aKA
651		4	_aUnited Kingdom _y
690			_aPROPERTY-LANDLORD AND TENANT-TENANCIES-TENANCY RENT REVIEW
690			_aPROPERTY-PROPERTY TAXATION
700	1		_aYoung, Peter
942			_n0
999			_c80807 _d80807