Multiple dwellings relief for SDLT scrapped

Multiple dwellings relief for SDLT scrapped

The Chancellor announced in the Budget that Multiple dwellings relief (MDR) will be abolished for transactions which complete, or which substantially perform, on or after 1 June 2024.

VAT on land and buildings

VAT on land and buildings

When purchasing commercial premises you need to know whether VAT will be added to the price as the stamp duty land tax charge (or similar taxes in Wales or Scotland) is calculated on the VAT inclusive value.