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Elysium has been in touch with Tax Counsel on this. We have been working on it for 6 months or so. If you are interested then please contact us at RKW@elysium-law.com

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HMRC have now announced that Less Tax for Landlords' Letter of Trust, which transferred the beneficial interest to the corporate partner in the LLP, had Stamp Duty Land Tax liability.  As a result, landlords that have implemented Less Tax For Landlords’ planning (including those who implemented the planning via Chris Bailey directly) are facing significant and unintended tax consequences. In this article, Richard Gray Barrister considers the option of a Part 8 claim for Equitable Mistake Read the article on our website - https://lnkd.in/e5Aqr_8P #lt4l #equitablemistake #part8 #cpr #legalinsights

Less Tax For Landlords: Mistake and the Unintended Tax Consequences - Elysium Law

Less Tax For Landlords: Mistake and the Unintended Tax Consequences - Elysium Law

https://elysium-law.com

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