Land Transaction Taxes - Pitfalls and Planning Opportunities

With SDLT in England and NI, LBTT in Scotland and LTT in Wales, the whole area of land transactions taxes is intrinsically complicated. The idea is to consider the basic provisions of each and then the planning issues around common land transactions in the UK.

The course will cover:

• The basic provisions and differences between SDLT, LBTT and LTT
• The rates of tax payable
• Common areas of compliance including a review of recent case law
• The analysis of more complex transactions including exchange, partitions and pre-completion transactions
• Reliefs available
• Partnership transactions