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Home › Forums › Patrick Cannon › Can a property be distributed in by a company without paying SDLT? › Reply To: Can a property be distributed in by a company without paying SDLT?

23rd August 2008 at 4:59 pm #339
Patrick Cannon
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In principle the anti-avoidance rules apply to small family trading companies as to any other but it should normally be possible to distribute land in specie without an SDLT charge as long as you avoid any assumption of debt charged on the land – see section 54(4) and para 8 Sch 4 FA 2003.