Devolved Taxation - Calman
The Scotland Bill was laid before UK Parliament today. Under the
proposals SDLT will cease to apply in Scotland and the Scottish
Parliament will be able to levy its own taxes. The changes are expected
to be introduced from April 2015.
Stamp Taxes Group Litigation Order
The High Court has granted a Group Litigation Order for the case
management of claims in respect of 1.5 per cent stamp duty and SDRT
charged on the issue and transfer of securities to depositary receipt
users and clearance services.
Stamp Duty Reserve Tax (SDRT): Claims
for refund following the decision of the European Court of Justice
in HSBC and Vidacos Nominees Ltd v HMRC (PDF 30K)
Advice on how to claim repayments of SDRT in certain circumstances.
Stamp Duty: Company Purchase
of Own Shares held on an Overseas Branch Register
HMRC now considers that a company's purchase of its own shares held
on an overseas branch register is relieved from Stamp Duty by Section
133 Companies Act 2006 (formerly paragraph 8 of Schedule 14 of the
Companies Act 1985).
Stamp Taxes Online
Online filing - 'Substantial Performance' Notification. New guidance
is now available.
