Stamp Duty Land Tax is payable on commercial leases in certain circumstances. Whether or not Stamp Duty Land Tax is payable on a commercial lease depends on what is known as the “Net Present Value”. There is an extremely complex method of calculation to ascertain what the “Net Present Value” of a lease is. Therefore HMRC have created a very easy to use calculator in order to determine this.
PLS Solicitors specialise in advising on the complex area of commercial property. We offer a friendly, efficient and effective legal advice on any area of commercial property.
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