Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Opportunity knocks

12 July 2016 / Peter Rayney
Issue: 4558 / Categories: Comment & Analysis

The mitigation of stamp duty land tax is illustrated by means of a practical case study.


  • Tax limits funds available for property reinvestment.
  • Companies can be an effective tax shelter when reinvesting rents in new properties.
  • The new 3% stamp duty land tax charge.
  • The importance of ensuring that a partnership exists rather than co-ownership.
  • Stamp duty land tax calculations if there are connected parties.
  • The case of Mrs EM Ramsay provides authority for the use of s 162 incorporation relief in a property business.

Many of my tax consultancy assignments over the past 18 months or so have been to advise property business owners on the incorporation of their residential commercial or ‘mixed’ property rental businesses. Such incorporations are often driven by the realisation that companies are an effective tax shelter for those who wish to use...

Only subscribers may read the full article

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
back to top icon