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Budget 2014: Tax advisers caught out on corporate properties

Accountancy Age

THE PENSIONS INDUSTRY may have been caught on the hop with George Osborne’s unexpected upheaval of the regime, but tax advisers didn’t get away scot-free. While Budgets have been more benign under the coalition government, advisers were caught out with revisions to the taxing of properties purchased within corporate wrappers. The stamp duty land tax (SDLT) and annual tax on enveloped dwellings (ATED) have been extended to cover properties worth between…

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