The whole area of stamp taxes is extremely complex and there are numerous traps for the unwary.
We provide a comprehensive service on all aspects of Stamp Duty, Stamp Duty Land Tax (SDLT) and the Annual Tax on Enveloped Dwellings (ATED).
Whenever a transaction occurs, whether it is an asset deal or a share deal, stamp taxes will apply.
Stamp duty is payable on the purchase of UK shares, and SDLT applying on acquisitions of UK land interests. Every business will encounter stamp taxes at some point.
There are many complex SDLT charging regimes. Different rates of SDLT depend on:
- whether the acquired property is residential or commercial,
- whether the purchaser is an individual or a corporate,
- whether the individual buyer owns other property,
- whether the buyer is a non-UK resident.
Are you looking at a corporate reorganisation, re-structuring your asset-holding with a view to an exit, renewing your occupational lease, or buying a portfolio of investment properties? We can help.
We will guide you through the rules, advise you on any available reliefs and structure your transaction to manage your exposure.
We provide commercially relevant and collaborative advice to clients from all sectors on complex stamp taxes matters.
- major hotel groups
- national house-builders
- property investors and funds
- property developers
- corporate trustees
Tax Partner, Pauline Hudd, has developed a unique offering in working alongside offshore law firms and corporate trust companies in unwinding complex, offshore property holding structures and managing transactions across multiple jurisdictions.
Get in touch with our team today.