New regulations will ‘force users of a wider range of SDLT avoidance schemes to disclose them’
Robert Langston provides a practical guide to the issues arising from corporate ownership of UK residential property.
Legislation could capture bona fide planning, says Robert Young
Graham Iversen reviews HMRC's practice on depository receipts following the SDRT decision in HSBC v HMRC.
Five thousand homes, each worth more than £2m, are held through corporate structures that allow the owners to avoid UK taxes, according to unpublished government estimates obtained by Exaro.
Helen Lethaby provides your regular update, which this month includes coverage of developments concerning the FII group litigation, unauthorised unit trusts and the decision in Santander.
The government is consulting on a new annual charge on residential properties valued over £2m owned by certain ‘non-natural’ persons, and a proposed extension of capital gains tax to the disposal by non-resident, non-natural persons of residential property for more than £2m.
HMRC has updated its guidance on the stamp duty stock transfer form to provide advice on the completion of a new certificate, added to the reverse of the form, which is ‘to be completed when a share transfer is “otherwise” exempt from stamp duty or no chargeable consideration
Revenue & Customs Brief 14/12 sets out the extent to which HMRC will continue to regard the holder of a depository receipt as having beneficial ownership of the underlying shares, following the First-tier Tribunal decision in the Stamp Duty Reserve Tax case of HSBC Holdings PLC a
The Scotland Bill received Royal Assent on 1 May and is now the Scotland Act 2012.