HM Revenue & Customs have now published a chapter on Partnerships in their Stamp Duty Land Tax (SDLT) Manual.

This chapter is long overdue; the basics rules for SDLT and partnerships were established in Schedule 15 of the 2003 Finance Act. Partnership SDLT can be complicated and a steady stream of modifications in subequent Finance Acts have added to the confusion. 

Source: HMRC SDLT Manual

 

 

Squirrel advert

Loving our content? 😍
Sign up Now!
For free tax news, cases,
discounts & special tax briefings

We hope you are enjoying this amazing Practical Tax Database here at www.rossmartin.co.uk.

 

.