VAT Property Solutions
Note: 23
Stamp Duty Land Tax payable on rent is normally determined by reference to the length of the term set by the lease agreement. However, It is calculated differently if the agreement allows for extension of the fixed term. In such an instance, the agreement would be treated as being for the fixed term, together with the minimum notice period which must elapse before the earliest date on which the agreement can end.
Contact: info@4eyesltd.co.uk Telephone: Phillip Henwood - 0044 (0)7793 707 839
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