Monday, December 3, 2012
Predictable. Time for a LVT?
"The March budgetâ€™s assault on prime property owners and investors has caused the number of stamp duty avoidance schemes to double this year, according to legal bods Pinsent Masons.Ten schemes, including setting up offshore LLPs as property investment vehicles, have been reported to HMRC since March, compared to just five in the half-year prior to the budget. The overall number of SDLT avoiders has, however, been reduced by the Treasuryâ€™s clampdown"