24 March 2011 by Louise Dawson

Budget News, Anti-avoidance of Stamp Duty Land Tax

In yesterday’s budget, the government took steps to abolish the three main SDLT avoidance schemes. The first involves coupling a sub-sale with an alternative finance relief (commonly known as a Sharia sale and leaseback). The second involves engineering a transaction to be within the ‘alternative finance relief’ where the purchaser registers as a financial institution by obtaining a Consumer Credit Act licence which costs only a few hundred pounds. The third involves exchanges of property/property swaps where tax is being paid on the market value, rather than the actual price paid. These rules come into effect from today.

14 March 2011 by

Tax Doesn’t Have to Be Taxing

So say those helpful HMRC adverts reminding us to pay our income tax on time. In reality, years of government tinkering has left the UK with one of the most complex tax regimes in the world, if not the most complex.

17 March 2011 by

Commercial Property on the increase

Finally some good news in commercial property, after a year spent raising capital, UK Real Investment Trusts are apparently now in the mood to spend.

Signup To Our Weekly e-News

"*" indicates required fields

We’ll never share your details with any third party in line with our privacy policy.