Stamp Duty Land Tax for Tax Professionals: Detailed Guidance on Client Issues

2 Part Course | Learn the intricacies of stamp duty land tax, addressing common client issues and recent changes to legislation on this advanced course

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A one-day course presented in two half-day live webinars from 9:30am to 12:30pm UK time

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Download: Course Category Brochure | Course Outline

Part One

Key Aspects of SDLT

Key fundamentals of SDLT
Rates of SDLT
Ascertaining the chargeable amount (VAT, consideration from connected persons, contingent, uncertain and deferred consideration)
SDLT Transfer of equity
Linked transactions

‘Super rates’ and Higher Rates on Residential Property

What is a residential property?
The higher rate for additional dwellings
Relief from the higher rate

Multiple Dwellings Relief

Multiple Dwellings Relief
Detailed Review of SDLT Multiple Dwellings Relief Cases

Part Two

Mixed-Use Claims

Detailed Review of Cases

Islamic Financing and SDLT

Alternative Financing Reliefs
SDLT Anti Avoidance Schemes
Project Blue – Understanding the high-profile SDLT avoidance case

Leases

Grants: Premiums and reverse premiums
SDLT on rents
Leases granted to or by nominees
Assignments and surrenders
Sale-and-leasebacks
Lease restructuring problem areas

Companies and Partnerships

Rates for non-individuals
SDLT on business incorporation
The super rate for enveloped properties and de-enveloping issues
Property transferred as a dividend in specie
Stamp duty land tax group relief
Reconstruction and acquisition relief
Transfers to and from partnerships
Acquisitions and disposals of interests in property-investment partnerships
Exemptions and reliefs
Anti-avoidance provisions

Additional Reliefs to Be Aware of

First-time buyers
Multiple dwellings
Building companies buying an individual’s home
Employers buying an employee’s house
Local authorities making compulsory purchases
Property developers providing amenities to communities
Companies transferring property to another company
Charities
Right to buy properties
Registered social landlords

Interaction with Other Taxes

What is Inheritance Tax
Gift with reservation of Benefit
Pre owned asset tax
Capital gains tax

Key Differences in Scotland and Wales

Land and Buildings Transaction Tax (LBTT) in Scotland and Welsh Land Transaction Tax (LTT) in Wales
Different rate bands
A different treatment for both residential and commercial SDLT leases
Different rules for partnerships

Our trainer qualified as a chartered certified accountant with ACCA (Association of Chartered Certified Accountants) in 2013 following a training programme with a mid-tier firm of chartered accountants which included experience in taxation, accountancy and audit. She went on to work in assurance with Ernst & Young where she facilitated in-house training courses before becoming a lecturer at the University of Portsmouth in 2016.

She specialises in teaching tax and professional practice modules and is also an acting Finance Director in the construction industry in addition to various board roles for charitable organisations. Her main interests in tax are concerning property and owner-managed businesses.

Key fundamentals of SDLT OR What is stamp duty land tax
Important and common issues for tax professionals
Super rates and higher rates affecting residential property transactions
Company and partnership transactions
Understanding SDLT on leases including issues around reversionary leases
Additional reliefs including Multiple Dwellings Relief
Case Law around Multiple Dwellings relief and Mixed-Use Claims
Issues for Overseas Investors
Interactions with other taxes
Key differences in Scotland and Wales

Our course trainer is an ICAEW (Institute of Chartered Accountants in England and Wales) Qualified Chartered Accountant with experience working with clients at mid-tier and big 4 accountancy practices as well as training provision and private client experience.
This stamp duty land tax course is aimed at key client issues for accountancy and tax professionals who are somewhat familiar with but looking to advance their technical knowledge in SDLT.
Please note that our stamp duty land tax training course is practical and will include many examples and case studies.

This stamp duty land tax course is a ‘must know’ for:

• Legal professionals in private client services
• Legal professionals in conveyancing
• Tax advisors and consultants working alongside legal professionals
• Tax consultants with clients undertaking property transactions

Our course is a ‘nice to know’ for:

• Legal and tax advisors and associates involved in conveyancing and private client transactions