Archie Brown of KPMG considers the business processes required for compliance with the new regime
The SDLT regime is now upon us and however much certain commentators may knock the efforts of Government the Inland Revenue and Parliamentary Draftsmen in devising and implementing the new regime it started on 1 December and for the foreseeable future it is here to stay.
Investors developers and tenants are increasingly looking to their professional advisers to inform and guide them on issues affecting them and so we in turn must appreciate not just the depth and breadth of the new provisions but the practical day-to- day consequences of the tax.
If nothing else the fact that the land transaction return form must be signed by the client...
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Archie Brown of KPMG considers the business processes required for compliance with the new regime
The SDLT regime is now upon us and however much certain commentators may knock the efforts of Government the Inland Revenue and Parliamentary Draftsmen in devising and implementing the new regime it started on 1 December and for the foreseeable future it is here to stay.
Investors developers and tenants are increasingly looking to their professional advisers to inform and guide them on issues affecting them and so we in turn must appreciate not just the depth and breadth of the new provisions but the practical day-to- day consequences of the tax.
If nothing else the fact that the land transaction return form must be signed by the client...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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