Tolley’s Stamp Taxes 2024-25 is an invaluable, easy-to-use guide which explains the incidence of Stamp Duty Land Tax (SDLT), the annual tax on enveloped dwellings (ATED), stamp duties and stamp duty reserve tax in a coherent and easy to understand way. This book sets out the relevant charges to tax plus the relevant exemptions and reliefs in relation to all the commonly met transactions and instruments. There are separate self-contained chapters on the ATED, the Scottish Land and Buildings Transaction Tax (LBTT) and the Welsh Land Transaction Tax (LTT).

SOURCE CURRENCY
2025-26

UPDATE INFORMATION
This update provides a detailed discussion of the case-law approach to mixed-use residential and non-residential property, including the most recent tax tribunal decision in Tretyakov v HMRC. It includes a comprehensive review of recent case law developments and compliance issues relating to Stamp Duty Land Tax (SDLT), along with coverage of the uprated Annual Tax on Enveloped Dwellings (ATED) charges and significant case law decisions concerning ATED filing penalties. The update also examines important developments relating to section 75A and Disclosure of Tax Avoidance Schemes (DOTAS) penalties. In addition, it highlights the latest tribunal decisions involving uninhabitable dwellings, such as Mudan v HMRC, and provides updates on the Scottish Land and Buildings Transaction Tax (LBTT) and the Welsh Land Transaction Tax (LTT), including recent tribunal rulings. Despite the abolition of Multiple Dwellings Relief (MDR) for new claims from 1 June 2024, the report also includes recent tax tribunal decisions concerning MDR. Finally, it presents full tables detailing the new SDLT rates effective from 1 April 2025, including the revised 5% and 17% higher rates.