Tax Insider is a new venture from TaxationWeb, the UK's leading independent tax portal.

Taxation Web
Business Tax Insider
Business Tax Insider

Business Tax Insider - COMING SOON!

 

Business Tax Insider Launch Notification

Please tell me when Business Tax Insider is launched

Customer Success Stories
My accountant and I need absolutely accurate and the most up-to-date advice that we can possibly get. Time and time again Tax Insider has come up with the goods!

I wholeheartedly recommend the ‘Tax Insider’ to anyone who is interested in legitimately minimising their tax bill.

Dr Bennie Mallett, General Practitioner
Business Tax Insider is aimed at business owner. Small, medium or large - it doesn’t matter - this monthly business tax saving magazine will help you to slash your taxes.
1 2 3 4 5 next »  Tax Articles  1 - 10 of 76
Back to Questions
« Previous Question 16 of 30 Next »

Is Stamp Duty Due on Swap?

Is full Stamp Duty required on a house swap between family members?
Arthur Weller Replies:
Yes, full Stamp Duty Land Tax (SDLT) is required on a house swap between family members. 

This can be seen on page
http://www.hmrc.gov.uk/manuals/sdltmanual/SDLTM04020.htm of the HMRC Stamp duty land tax manual and the third example of the examples there (at the bottom of the page). A is deemed to pay the value of B’s house in order to acquire B’s house, and B is deemed to pay the value of A’s house in order to acquire A’s house.

1 2 3 4 5 next »  Tax Tips  1 - 10 of 66
Reasons to buy
  • Very easy to read - written in plain english
  • Written by UK leading and practising tax experts
  • Guaranteed to minimise or avoid your tax liabilities
  • Keeps you up-to-date with changes in tax legislation
  • One month free trial (so you have nothing to lose)