eprivateclient

Stamp duty specialist avoided over £30,000 in SDLT, tribunal finds

News Team, 08/04/2021

A principal consultant at one of the fastest-growing UK tax advisory firms has lost his appeal against a first tier tribunal verdict that he avoided tens of thousands of pounds of tax on the purchase of his home.

David Hannah, a principal consultant at Cornerstone Tax, was ordered by the Upper Tax Tribunal to repay £30,600 stamp duty he was found to have avoided, plus a penalty of more than £17,000.

This came after he used a tax-saving scheme when purchasing a pro...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more