In September’s Property Law Tax Bulletin, Patrick Soares covers the issue of SDLT on gifts, and when liabilities are taken over, addressing the general rule as well as complications which may arise including mortgaged property, the effects of wills or intestacy rules, and transfers to connected companies. With the latest information and guidance on how to navigate this potentially thorny issue, including useful examples of how the system works in practice, the article makes essential reading for anyone who is or may soon be dealing with this area of property law. And for all property lawyers and property tax practitioners, we are now uploading Patrick’s back catalogue of articles and lectures on property tax to our Resources page.
The bulletin can be found here and should not be missed!
For further information, please contact our Practice Managers