1% Stamp duty on residential property at £256k

Re: 1% Stamp duty on residential property at £256k

Postby section 44 on Tue Sep 28, 2010 3:14 pm

sarah481 wrote:when I heard that her solicitor approved it. Maybe he just told her that SHE wouldn't get into trouble for it, as obviously he only acts for her.


Even though SDLT is a tax on purchasers, sellers (and their advisors) should be wary of being complicit in any arrangements which could result in tax evasion or unlawful tax avoidance (i.e. signing up to agreements which deliberately and incorrectly conceal the nature of payments).
section 44
 
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