Stamp Duty Land Tax 2023-24

The 2023-24 edition may now be ordered, singly or as part of the General Tax Annuals bundle. Payment will be taken immediately and the book(s) will be dispatched when published, between May and August 2023. (Please contact us if you prefer to buy the 2022-23 edition, which is still in stock.)

A well-written, user-friendly guide to the complexities of SDLT.

The book provides clear, practical guidance for accountants, solicitors and other tax professionals, with plenty of worked examples. Available on its own or as part of a discounted bundle.

Topics covered include basic principles, leasehold transactions, partnerships, trusts, reliefs, anti-avoidance legislation and recent tribunal decisions. Full reference is made throughout to relevant legislation, case law and guidance from HMRC.

“It is now, in the reviewer’s opinion, the best guide to SDLT for the general practitioner on the market.” – AccountingWeb review of earlier edition

Contents (in brief)

• Stamp duty
• SDLT – rates of charge
• Residential property – rules and surcharges
• Chargeable consideration
• Leases – the basics
• Leases – miscellaneous
• Partnerships
• Trusts and trustees
• Shared ownership schemes
• Reliefs – general
• Reliefs – corporate
• Transactions entered into before completion of contract (sub-sale, assignment or transfer of rights)
• Section 75A – the SDLT anti-avoidance rule
• Case law
• Compliance
• Penalties, enquiries and disclosure

New for this 2023-24 edition

• updated rates of SDLT
• increased ATED rates
• new HMRC guidance on a range of topics (“main subject matter”, splitting out of chattels; “objective observer” test re multiple dwellings, group relief)
• changes to LBTT and LTT
• case law developments across numerous topics (suitable for use, derelict property, garden or grounds, mixed-use land, residential or non-residential, additional dwellings, time limits, rights of way, “in the process of construction”)
• commentary on shared ownership schemes thoroughly updated and rewritten
• investment zones
• Homes for Ukraine scheme
• updated figures for first-time buyer’s relief
• all examples reviewed and updated as appropriate.

The following table of contents and extract are from the 2022-23 edition. These will be updated approximately two weeks before publication.

VIEW FULL TABLE OF CONTENTS

VIEW SAMPLE EXTRACT