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Home Forums Patrick Cannon Should I appeal an SDLT mitigation scheme? Reply To: Should I appeal an SDLT mitigation scheme?

#915
DAH
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As a layman I’m not 100% sure on the details of the scheme but I think it is roughly (a) partnership is set up with us having 1%, (b) lease granted to partnership for premium equal to purchase price, (c) partnership immediately sells their 99% interest to us.
HMRC have 2 different assessed amounts for SDLT – for 99% and 100% of the purchase price.