Court rules on application of 15% corporate stamp duty rate

When does the operation of a rental property bought by a company start to become a trade, and thus become liable for the higher rate of stamp duty? This is a question that the First-tier Tribunal has just mulled in the case of a property bought for almost £1m in 2015 by a company that works in the care sector. The company at the heart of this dispute, Consultus Care & Nursing (CCN), bought a £930,000 property in Tonbridge, Kent. CCN is a company that provides self-employed carers to people who need them, and processes payment. It also provides training
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