How will the March Budget affect SDLT?
SDLT Post Budget Breakfast Seminar For Conveyancers - Plymouth
Organised by X-Press Legal Services
Presented by Robert Bailey of Bishop Fleming
Thursday 2nd April 2020
X-Press Legal Services and Bishop Fleming are running a free SDLT Breakfast Seminar for Conveyancers to discuss the SDLT implications of the March 11th budget and run through the most commonly raised SDLT issues.
The seminar is aimed primarily at Residential and Mixed Use properties but could also be of interest to Commercial conveyancers
Date: 2nd April 2020
Time: 8am to 10am
A light breakfast will be served
Location: Bishop Fleming Offices, Salt Quay House, 4 North East Quay, Sutton Harbour, Plymouth, PL4 0BN (see below for parking information)
BOOKING: Email your name and Firm to firstname.lastname@example.org
Bishop Fleming’s lead SDLT specialist, Robert Bailey, will discuss changes in SDLT in the March 11th budget and also those matters most commonly raised with Bishop Flemings tax teams which are causing most difficulty for those preparing SDLT returns, including:
1. The rate of tax
- Is it residential, non-residential or mixed property?
- Fit for occupation? Does the Bewley case change the law?
- How big can garden and grounds be? 0.5 hectare, 7 acres or even 65 acres?
- What is the relevance of the buyer’s intentions for the property?
- Does the 3% surcharge apply? – counting dwellings, annexes and conditions for relief
- Enveloped property and the 15% flat rate – the commonest current cause of SDLT related negligence claims against solicitors
2. Multiple Dwellings Relief (MDR)
- Applying MDR to mixed property
- The interaction with the 3% surcharge
3. Dealing with HMRC enquiries
- Can you rely on what HMRC say?
- Anti-avoidance - the fall-out from the Project Blue case and s75A
The presentation will be a brief summary of the risks, issues and opportunities but Robert will take questions on any SDLT matters and will be available to discuss specific matters in more detail afterwards.
If you have any questions please email James Ferguson on email@example.com or phone 0772 500 3809
Unfortunately there is no parking directly outside the office, the closest parking is along the quay side.
Continue down Exeter Street and follow signs toward the Barbican and ferry port.
As you leave Exeter Street and pass through the traffic lights, turn left onto Hawkers Avenue (opposite the Swallow pub).
At the junction turn left and the parking spaces are indicated along the quay side. These spaces are £1 per hour and can be paid by visiting the Pay by Phone website or by downloading the app.
Alternatively, there is parking at Lockyers Quay (PL4 0DX) at the top of Sutton Road and the multi-storey car park for the National Marine Aquarium (PL4 0RA).
There are cycle racks available on the left of the main entrance to Salt Quay House.