HMRC loses SDLT sub-sale tribunal

Freelance journalist
Share this content

HMRC has lost an appeal over stamp-duty land tax (SDLT) on the sale of the old Dickens and Jones department store in Regent Street, central London.

When the store was sold in 2006 the sub-sale to a corporation partnership meant that £2.6m of SDLT that might have been payable on the transaction was not, according to an earlier decision by the first-tier tribunal.

The upper tier tribunal (The Commissioners for HMRC and DV3 RS Limited Partnership, UKUT 399, TCC) agreed with the first-tier tribunal.

Please Login or Register to read the full article


Please login or register to join the discussion.

03rd Dec 2012 15:19

HMRC loses SDLT sub-sale tribunal

Nice waste of money HMRC.

Thanks (0)