United Kingdom Tax Agency Updates Guidance on Stamp Duty Land Tax Relief for Land, Property Transactions

The United Kingdom HM Revenue and Customs Sept. 23 updated guidance on stamp duty land tax (SDLT) relief for land or property transactions. Topics covered include: 1) rates and thresholds for residential properties and first-time home buyers; 2) exemptions for property traders purchasing existing homes from the buyers of new homes; 3) exemptions for employers buying relocating employees’ residences; 4) exemptions related to local authority compulsory purchases and developer planning obligations for property development projects; 5) relief for multiple dwelling transactions; 6) transfers of property between companies within the same group; 7) relief for charities; 8) right to buy transactions; ...