CIOT comments on SDLT reliefs

Released 08 October 2019

The Chartered Institution of Taxation (CIOT) has requested clarification from HMRC concerning Stamp Duty Land Tax (SDLT) reliefs for an acquisition of an existing house by a house builder where the individual acquires a new house from the house builder in part exchange.

In particular, the Institute raises the question of whether the relief applies where the house builder is a limited liability partnership (LLP).

View the CIOT letter.

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