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  1. Driver8

    How to avoid paying stamp duty??

    HM Revenue & Customs (HMRC) has protected up to £123 million in tax after a tax tribunal upheld a landmark ruling against a stamp duty land tax avoidance scheme. In July 2013, the HMRC won a case against Project Blue, which used the scheme. According to the HMRC the scheme attempted to...
  2. Driver8

    How to avoid paying stamp duty??

    As well as the offshore angle this announcement also made. Will be some nervous individuals I would think. 3. Section 45 of the Finance Act 2003 provides, broadly, that there is only one charge to SDLT where the purchaser of an interest in land, before completing that purchase, sells on the...
  3. Driver8

    How to avoid paying stamp duty??

    Well Greece are so I guess it is possible outside of football but despite its reputation to the contrary Financial Services to tend to protect the customer more.
  4. Driver8

    How to avoid paying stamp duty??

    Not so easy to wriggle out of it if you are a regulated company though (I am assuming these will have been recommended by the less reputable Solicitors/Accountants).
  5. Driver8

    How to avoid paying stamp duty??

    These people knew what they were doing and it is only right they pay up in my view.
  6. Driver8

    How to avoid paying stamp duty??

    BBC News - Budget: Osborne pledges measures on stamp duty avoidance I hope people who have been advising their client to do this have good PI insurance.
  7. Driver8

    How to avoid paying stamp duty??

    Recovery by assessment is possible up to 6 years from the date of completion. If SDLT is not paid due to fraud or negligence the enforcement period is up to 21 years.
  8. Driver8

    How to avoid paying stamp duty??

    HM Revenue Customs: Spotlight 10: Stamp Duty Land Tax avoidance (7 June 2010)
  9. Driver8

    How to avoid paying stamp duty??

    I am talking from 25+ years experience in financial planning and have seen many artificial schemes come and go and it is usually the client that pays. The latest "pension unlocking" scam will go the same way any day now. HMRC are under a lot of pressure to recover leaking taxes and will come...
  10. Driver8

    How to avoid paying stamp duty??

    Absolutely this. Those taking part in these artificial schemes don't be surprised when HMRC come knocking for their pound of flesh. And don't be surprised if your promised fee refund doesn't materialise either.
  11. Driver8

    How to avoid paying stamp duty??

    Is your real name Grassy Knollington?
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