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News page
Click here for the latest news on Stamp Duty Land Tax (SDLT)
Go to my Recent Update page for the detail on the following:
Budget 2004
1. Eligibility Rules for VAT Groups
2. Reduced Rate for Energy Saving Materials
3. Increased Turnover Limits for VAT Registration and Deregistration
4. Commercial Buildings – Anti-Avoidance Income Protection Insurance
I have given the salient points derived from the Budget 2004 for those who advise in property transactions in the Members Update Page. In addition there are the New Disclosure Rules and which I purport to have no real force. Should you wish more information with regard to these, please do not hesitate to contact me.
Inducement Payments
I see nothing with regard to the inevitable changes which will soon come about with regard to Customs’ policy in this Budget. It is assumed that the changes will be shortly detailed in a Business Brief. Should you wish further information with regard to Inducement Payments, please contact me.
Disapplication of the Option to Tax
A Consultation Document has been issued today (17 March 2004) with regard to the disapplication of the option to tax. This will inevitably lead to my involvement on the Land & Property Liaison Group with Customs & Excise during the forth coming sessions. Please let me know whether you have any issues that you would like me to raise with regard to this matter, or whether you would like a copy of the Document.
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