Tolley’s Stamp Taxes 2011-12
An invaluable, easy-to-use guide, Tolley’s Stamp Taxes explains all the administrative and compliance processes concerning stamp duty and SDRT as they continue to apply, following the introduction of the Stamp Duty Land Tax. The book also establishes developments in stamp thresholds, stamp duty rates and relevant exemption in relation to all the commonly met instruments and transactions.
Special features include an alphabetical listing of all the instruments for quick reference and a practical materials chapter containing precedents, elections, official claim forms and help with stamp duty calculations. Company law and taxation legislation is illustrated with recent cases for clarity and as a time-saving measure, the book also features extensive cross-references and a full list of Stamp Office contact details.
Key benefits of Tolley’s Stamp Taxes 2011-12:
- Tolley’s Stamp Taxes is a coherent topic by topic guide to SDLT, containing practical guidance
- Alphabetical listing of all the instruments for quick reference
- Appendices containing precedents, elections and official claim forms
- Reference to recent cases, company law and taxation legislation
- Extensive cross-references, demonstrating under which head of charge each instrument falls
- A full list of Stamp Office contact details is provided for easy reference
New to Tolley’s Stamp Taxes 2011-12:
- Increase in top rate of SDLT on residential property from 4% to 5% on properties over £1m from 6th April 2011
- New penalties and enquiries rules and reduction in "discovery" assessment periods from 1 April 2011
- Further action by HMRC against SDLT avoidance
Now in its 96th edition, Tolley’s Income Tax is widely regarded as the definitive work on the subject, providing comprehensive but straightforward coverage of statute law, tax rates and allowances, case law and HMRC practice, not only for the current year but for the last four years also
This highly practical two-volume set offers expert guidance on how to approach real life computations by detailing all the relevant points from current legislation, case law and other official material in the required format.