LBTT & The Additional Dwelling Supplement - Bringing You Up To Date

Introduction

There are many new developments in relation to LBTT and the Additional Dwelling Supplement (ADS) which you need to be aware of.

The distinction between residential and non-residential land is an important current topic given the divergence between the rates of LBTT for residential and non-residential property. There are many tricks and traps in relation to the ADS which have become even more important since the change from 3% to 6%.

There are also a number of issues to consider in relation to lease review returns which have to be submitted every 3 years, as well as on the assignation and renunciation and when a lease terminates for any other reason.

This live broadcast session will bring you up to date on all these key LBTT and ADS issues, as well as covering the partnership rules and LBTT reliefs.

What You Will Learn

This live and interactive session will cover the following:

• Structure and rates
• The main differences between LBTT and SDLT
• LBTT on retail licences to occupy
• The LBTT targeted sub-sale relief
• LBTT and leases
• Transitional rules

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.