Lasting powers of attorney (LPAs) enable thousands of vulnerable people to have their financial and other affairs managed by others whom they trust. However, as a High Court case showed,...Continue reading
Clients are reminded that, following the introduction of the Stamp Duty Land Tax (Administration) (Amendment) Regulations 2018, the time limit for the payment of Stamp Duty Land Tax (SDLT) on property transactions has been reduced from 30 days to 14 days after completion, with effect from 1 March 2019. Where the amount of SDLT cannot be determined because the sale price is contingent on obtaining planning permission, an application to defer the SDLT payable must be made within 30 days of completion.
There are other consequential changes to the procedure, and these came into effect at the same time.