Stamp duty land tax on leases
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SDLT is charged on the net present value (NPV) of rent payable for the whole term of the lease. Where NPV exceeds £150,000 (£125,000 for wholly residential property) the excess is taxed at 1%. NPV up to and including those thresholds is taxed at 0%. Calculating NPV The formula for calculating NPV...Explore the subscription options here to get full access to isurv, including downloads.
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