SDLT: How woodland is residential
Natasha Herron explains that woodland must be shown to be commercially exploited for it to be classified as non-residential for Stamp Duty Land Tax (SDLT) purposes.
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Much appreciated
Not unusual for taxpayers and their agents to argue reversely according to the tax result
Which is exactly what HMRC do as well
They must be wondering How they lost. The above article would have benefited from comparing and contrasting Sloss v Revenue Scotland: http://taxtribunals.scot/decisions/[2021]%20FTSTC%201.pdf
Is Sloss not re grazing lets rather than woodland?
(interestingly I have "met" Mr Sloss on a zoom call, we did some business with one of his companies)
Taxpayer lost UT appeal. The decision looks basically correct to me: https://caselaw.nationalarchives.gov.uk/ukut/tcc/2023/84