Includes coverage of the following topics:
• New 5% higher rate for residential property over £1m from 6 April 2011
• First-time buyer’s relief on purchases up to £250,000 before 25 March 2012
• Effect of the increase in the standard rate of VAT from 17.5% to 20% on lease tax computations from 4 January 2011
• New SDLT penalties and enquiries regime effective since 1 April 2010 plus the further changes effective 1 April 2011
• Latest on HMRC’s current approach to charging SDLT on goodwill on the sale of property related businesses
• Full guidance on the revised rules requiring disclosure of SDLT avoidance schemes and reporting by scheme users effective since 1 April 2010 including easy to use decision chart