Business tax – guidance

Stamp Duty Land Tax group relief

Summary of the key points arising from a meeting between representative bodies - the British Property Federation, the Chartered Institute of Taxation, the Law Society and the Stamp Taxes Practitioners' Group - with HM Revenue and Customs Stamp Taxes on 3 July 2013.

Detail

The meeting arose out of uncertainty surrounding HM Revenue and Customs Stamp Taxes’ current approach to the availability of Stamp Duty Land Tax group relief, and in particular the application of the targeted anti-avoidance rule in Finance Act 2003 Schedule 7 paragraph 2(4A), in the context of intra-group asset transfers following corporate acquisitions.