26 February 2010
Stamp Duty Land Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) (Amendment) Regulations 2010 (SI 2010/407)
Amend the Stamp Duty Land Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2005 (SI 2005/1868) to extend the descriptions to schemes that concern residential property.
Require disclosure of tax avoidance schemes that seek to avoid stamp duty land tax in relation to residential property with a value of at least £1m or a mixture of residential and non-residential property with a value of at least £5m. The duty to notify does not arise if excluded by the Schedule to SI 2005/1868 or for arrangements entered into before the commencement of these Regulations.
In force : 1 April 2010
