United Kingdom

Stamp Taxes 

Are you buying or selling UK property, shares or a business? Or are you reorganising a property or company? Or do you own high-value residential property in a company?


If so, there will be stamp tax implications and with the highest rate at 15 percent, this could represent a material cost.


We provide advice on all aspects of stamp duty, stamp duty land tax (SDLT), stamp duty reserve tax (SDRT) and annual tax on enveloped dwellings (ATED). Soon, our advice will cover the devolved taxes on land transactions in Scotland and Wales.

What's on your mind?

 

  • Managing tax costs on any deal or reorganisation
  • Developing a tax-effective strategy for keeping and selling property that underpins your commercial objectives
  • Managing property-leasing tax costs
  • Ensuring you meet compliance obligations
  • Resolving a dispute with HMRC
  • Getting HMRC clearance before proceeding with a transaction.


What's in it for you?

 

  • Develop a property-holding strategy that is based on well-established legal principles, designed to avoid unexpected tax charges that might otherwise arise (‘bear-traps’)
  • A tax-effective structure which meets commercial needs and manages the ongoing tax position 
  • The opportunity to increase value on an exit by considering the exit-route at the start
  • Continuing support and guidance when dealing with enquiries from HMRC
  • Comfort that the transaction has been notified to HMRC appropriately and that ongoing compliance and reporting obligations are identified.

 

Why KPMG?
 

  • Our Stamp Taxes team consists of seven full-time specialists with a range of backgrounds. They have over 90 years’ combined experience in the field
  • Stamp taxes legislation is very complex. Interpreting it and applying it to the facts can be daunting. Failing to consider the background to the legislation and the purpose of the relevant statutory provision can lead to costly mistakes. The Stamp Taxes team applies its wide and detailed subject knowledge and experience to give consistently high-quality advice.
 

Contact us

Sean Randall

Sean Randall

Head of Stamp Taxes

KPMG in the UK

020 7694 4318

sean.randall@kpmg.co.uk