it is the purchase which pays the land tax not the sale.
The only way of doing this is to sell the shares in the limited company
because that only attracts stamp duty of 0.5%.
Obviously, if the limited company has also other assets, then that is not a
You can sell the land for £1 but in the limited company goes bust in the
next five years the trustee in bankruptcy will want the transaction set
If you are selling it for 1 pound, it must be a genuine arm's-length
transaction undervalue and expected to be scrutinised. It cannot be a sham of
the table dealing.
The same thing applies with regard to selling the company if it is
If there was a magic way of getting round paying £12,600 land tax, or any
other amount of land tax, everyone would do it
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