Home Forums Patrick Cannon Disclosure Headache

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    Sharron Carle

    It seems that the Revenue’s paranoia about “tax avoiders” is going to cause yet another administrative nightmare

    for advisers through their “deliberate” decision not to include filters in the disclosure requirements for SDLT

    saving methods.

    It seems that if a practitioner advises a client to structure a commercial property transaction as a TOGC (thus

    saving the additional SDLT) – this would be reportable as a benefit of the planning!

    #222 Reply
    Patrick Cannon

    Yes that must be correct. What about advising clients to hold properties within companies for the SDLT benefit to a

    purchaser? I think this is reportable too.

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