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Budget 2016: commercial property transactions Stamp Duty Land Tax changes

16th March 2016
In the Budget 2016, George Osborne announced changes to Stamp Duty Land Tax (SDLT) rates for commercial property transactions: Commercial property Stamp Duty Land Tax changes – 0% rate on purchases up to £150,000 – 2% on next £100,000 – 5% top rate above £250,000 – There will also be a new 2% rate for high-value leases with net present… Read more