Archives: Tax

As conveyancers will no doubt be aware, in the Budget of 6 March 2024, Multiple Dwellings Relief (MDR) will be abolished with effect from 1 June 2024. MDR is a bulk purchase relief from Stamp Duty Land Tax which applies to the purchase of two or more dwellings in England and Northern Ireland. MDR will …

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Of interest to employment lawyers is HMRC’s change of tack in relation to giving advice on termination payments. Their recent update states: ‘Termination payments – the correct route to obtain clearance where there may be uncertainty of the correct tax treatment HMRC is aligning its approach to providing advance assurance on certain termination payment enquiries. …

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