SDLT for Commercial Property Lawyers - Navigating the Problem Areas

Introduction

The SDLT legislation is full of potential landmines for commercial property lawyers to inadvertently step on and trigger unexpected (and costly) consequences for their clients.

This virtual classroom seminar will equip you with essential technical knowledge and real-world insights to help you successfully navigate commonly encountered problem areas, spot issues before they arise (or get missed completely) and know when to seek specialist tax input.

What You Will Learn

This live and interactive course will cover the following:

• SDLT fundamentals - a quick refresher:
• Current rates and thresholds
• Key concepts: chargeable consideration, effective date, substantial performance
• Compliance overview
• Residential, non-residential or mixed-use property:
• Why does it matter?
• Isn’t it obvious?
• Traps for the unwary (including bare land purchases, phased completions and disused buildings)
• Commercial lease complexities:
• Backdating term/rent commencement dates
• Uncertain rent
• Variations
• Assignments (and the importance of CPSE replies)
• Holding over
• Lease regearing
• Common SDLT pitfalls (and what to look out for to avoid them):
• Linked transactions
• Options
• Overages
• A-B-C transactions
• Exchanges (bipartite and tripartite)

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.