Stamp duty land tax handbook / Chris Hart, Tony Johnson.

Format:

Book

Author/Creator:

Hart, Chris, author.

Contributor:

Johnson, Tony.

Language:

English

Subjects (All):

Land titles--Registration and transfer--Taxation--Great Britain.

Land titles.

Real estate sales tax--Law and legislation--Great Britain.

Real estate sales tax.

Stamp duties--Great Britain.

Stamp duties.

Land titles--Registration and transfer--Taxation.

Real estate sales tax--Law and legislation.

Physical Description:

1 online resource (415 p.)

Edition:

2nd ed.

Place of Publication:

London : Routledge, 2009.

Language Note:

English

Summary:

Written from a practical standpoint, this new edition of the Stamp Duty Land Tax Handbook details how the updated legislation works in common practice. The book's examples and case studies will be highly useful to surveyors, valuers and anyone needs to be kept up to date with the application of tax duty on Land. Unlike most other books in this area, the Handbook is based on practical experience of the work of surveyors applying the latest legislation in making valuations. The authors explain the potential pitfalls and use examples

Contents:

Cover; Title Page; Copyright Page; Table of Contents; Preface; Table of Cases; Table of Statutes; Definitions; 1. Liability to Stamp Duty Land Tax; A. Introduction; B. Events leading to a charge; i. Land transactions; ii. Chargeable interest; iii. Transaction by contract and conveyance; iv. Subsales; C. Liability for Tax; i. Joint purchasers; ii. Partnerships; iii. Trustees of settlement; iv. Unit trust schemes; v. Persons acting as representatives for others; vi. Companies; D. Exempt transactions; i. General; ii. No consideration

iii. Residential property exchanges with house building companiesiv. Residential property exchanges with property traders; v. Purchase of employee's dwelling; vi. Compulsory purchase facilitating development; vii. Compliance with a planning obligation; viii. Group relief and reconstruction or acquisition relief; ix. Demutualisation of insurance company or building society; x. Transfer of assets to trustees of unit trust scheme; xi. Incorporation of limited liability partnership (LLP); xii. Transfers involving public bodies; xiii. Parliamentary constituencies reorganisation

xiv. Right to buy, shared ownership leases, shared amenity trusts, and rent to mortgagexv. Acquisition by registered social landlord; xvi. Property finance transactions; xvii. Certain leases RSLs; xviii. Transactions in connection with divorce; xix. Variation of wills; xx. Zero-carbon properties; E. Exempt bodies; i. Charities; ii. Health service bodies; iii. Bodies established for national purposes; iv. Crown; 2. Residential Property and Non-Residential Property; A. Residential buildings; i. General; ii. Meaning of residential building; B. Residential land

i. Land forming part of the garden or grounds of a buildingii. Interaction with capital gains tax; iii. Conflicts of interest for vendors and purchasers; iv. Land being developed for residential use; C. Non-residential property; D. Effect of Finance Act 2005 changes; 3. Designated Disadvantaged Areas; A. Origin of designated disadvantaged areas; B. Property partly in a DDA; C. Ascertaining whether a property is within a DDA; D. Current advantages of being located in a DDA; 4. Tax Payable on Purchase; A. General; B. Chargeable consideration; i. Single payment; ii. Payment other than cash

iii. Phased paymentsiv. Contingent payments; v. Debt as consideration; vi. Exchanges; vii. Linked transactions; viii. Payments for chattels; ix. Annuities; C. Amount of tax payable - residential; i. Not within a designated disadvantaged area; ii. Within a DDA; D. Amount of tax payable - non residential; i. Not within a DDA; ii. Within a DDA; 5. Tax Payable or Repayable after Purchase; A. Resolution of contingent event; i. Further payment not deferred by s 90; ii. Further payment deferred by s 90; 6. Tax Payable on Start of Lease; A. General; B. Calculation of net present value

i. Discount rate

Notes:

Includes index.

Description based on online resource; title from PDF title page (ebrary, viewed March 18, 2014).

ISBN:

1-135-33397-1

1-315-04079-4

1-135-33390-4

9781315040790

OCLC:

878137731