This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our privacy notice.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Marketing

A bit of data which remembers the affiliate who forwarded a user to our site and recognises orders from those who become customers through that affiliate.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Does stamp duty land tax apply in these circumstances?
My company has diversified into property rental and development, and has the opportunity to buy part of a garden in London which has no buildings on it or present access to it. I own the land that has the access to it. Does stamp duty land tax (SDLT) apply? The purchase price is £245,000.


Arthur Weller replies: 
This garden is a chargeable interest in land, for SDLT purposes www.gov.uk/hmrc-internal-manuals/stamp-duty-land-tax-manual/sdltm00280, and therefore SDLT will apply. 

This question was first printed in Property Tax Insider in August 2017.

Tax Insider Lite

FREE tax strategies delivered to your inbox every month.

  • By clicking on the button below you agree to the terms & conditions and the privacy notice of the website.
  • Subscribe for FREE