HMRC victory in SDLT avoidance case
HMRC has won a key court case defeating a widely-marketed scheme to avoid stamp duty land tax (SDLT). Nick Huber reports.
The decision, subject to any appeal, could save more than £170m for the UK Exchequer.
Regulations have also been laid that will force users of a wider range of SDLT avoidance schemes to disclose them to HMRC.