Pauline Hudd

Pauline provides clients with practical advice and pragmatic solutions in relation to all aspects of stamp taxes. Her wide-ranging experience on corporate and real estate transactions means that she gives bespoke advice tailored to the needs of clients, whether they are major multi-nationals, financial institutions or individual investors.

Increase in Stamp Duty Land Tax for the purchase of second properties

Increase in the rate of Stamp Duty Land Tax for purchases of additional dwellings

Today the Chancellor Rachel Reeves announced an immediate change in the rate of Stamp Duty Land Tax (“SDLT”) on the purchase of additional residential properties. These measures will take effect for all transactions entered into on or after 31 October 2024. When does the higher rate apply? When an individual purchases an additional residential property …

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Closing the Tax Gap

Latest News, Pauline Hudd, Tax / By Pauline Hudd

HMRC have published their 2022/2023 “Tax Gap” estimate, which is the difference between the amount of tax which should have been paid and what is actually paid. Although a factor, the tax gap is not solely down to avoidance. More commonly, people make a genuine error in calculating their taxes or rely on past information …

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