Stamp duty land tax on leases

This document is only available to subscribers.

SDLT is charged on the net present value (NPV) of rent payable for the whole term of the lease. Where NPV exceeds £150,000 (£125,000 for wholly residential property) the excess is taxed at 1%. NPV up to and including those thresholds is taxed at 0%. Calculating NPV The formula for calculating NPV...

This page is only available to isurv subscribers. Sign up for a free-trial to access this content.

Alternatively, you can gain access now and purchase isurv online here