HMRC have updated the last two paragraphs of their example concerning the control period and the withdrawal of relief. The example is given in the SDLT manual at SDLTM 20320.
Relief from SDLT is available for certain acquisitions of land and buildings in designated freeport tax sites under FA 2003, Sch. 6C.
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.