STAMP DUTY LAND TAX – bungalow and plot of land acquired with planning permission for demolition and building of new dwelling on site – whether higher rates of SDLT in Schedule 4ZA FA 2003 apply – whether bungalow building ‘suitable for use’ as a dwelling on date of transaction – held not so suitable – self-assessment as amended by HMRC reduced to remove higher rate charge and to reflect non-residential rate.
Citations:
[2019] UKFTT 65 (TC), [2019] SFTD 611, [2019] STI 1057
Links:
Jurisdiction:
England and Wales
Stamp Duty
Updated: 04 December 2022; Ref: scu.635674
