Interesting findings from the cross-party committee looking into Stamp Duty Land Tax (SDLT). Unsurprisingly, the overall take away is that SDLT distorts the property market and makes getting on the property ladder difficult. The report urges the government to consult on alternatives. As a tax riddled with complexities, I can't see many tax advisers disagreeing! As ever, the issue will be how to implement change which suits political imperatives in a fiscally neutral way. https://committees.parliament.uk/committee/17/housing-communities-and-local-government-committee/news/214163/reform-stamp-duty-to-help-get-firsttime-buyers-on-the-housing-ladder-says-housing-committee/
Closing the gap between income and capital: HMRC's mode...
21 July 2026
On 23 June 2026 HMRC launched a consultation signalling a potentially significant modernisation of the tax treatment of distributions and...