|Additional Pressure on SDLT Tax Planning|
The draft Finance Bill extends the DOTAS disclosure regime to cover many more stamp duty land tax planning schemes, in particular those incorporating the sub-sale rules. However, the bill did not include new levies on the purchase of shares in property companies, despite newspaper reports that some of central London's residential streets are entirely owned by offshore companies.
The opinions expressed do not constitute investment advice and specialist advice should be sought about your specific circumstances.
Published on our website on December 26, 2011