Home › Forums › Patrick Cannon › Do 85/15% SDLT schemes work? › Reply To: Do 85/15% SDLT schemes work?
Hi Chris, sorry to be somewhat late into this thread – I only recently became aware of it.
I’m not sure where you got a reference to 85/15% schemes from in relation to anything you’ve received from or discussed with me, but I certainly have not referred to this or any other scheme specifically to any clients or potential clients. Information on what schemes or scheme types may or may not be used in any given case is and always has been outside my remit and only ever happens between a client and the tax adviser determining what scheme should be implemented to best achieve the aims and how. I’m not a solicitor or tax adviser, but those that I work with do what they do on the basis of the guidance and opinion of the counsel already mentioned whose expertise and knowledge in these areas are widely recognised by many (presumably including yourself since you have sought clarification from the same in this thread).
If I’ve been unclear in any aspect leading you to infer something other than what was intended I apologise and if the unclear information is in the public domain I’d be most grateful if you could point me towards it so that I may clarify it and prevent any other misunderstandings from occurring.
many thanks
Darren Ferneyhough