HMRC have updated their guidance in the Stamp Duty Land Tax Manual to clarify the HMRC position “on just and reasonable apportionment where chattels have been acquired with a property, including how HMRC would value chattels and when HMRC would expect to see an apportionment”.
https://www.gov.uk/hmrc-internal-manuals/stamp-duty-land-tax-manual/sdltm04010
Related content from Claritax Books
Stamp Duty Land Tax is a well-written, user-friendly guide to the complexities of SDLT, written for accountants, solicitors and other tax professionals, with plenty of worked examples. Topics covered include basic principles, leasehold transactions, partnerships, trusts, reliefs, anti-avoidance legislation and recent tribunal decisions. Full reference is made throughout to relevant legislation, case law and guidance from HMRC.
