12:47 PM, 22nd March 2016, About 7 years ago 3
I’m looking into the possibility of using a BICT to transfer the beneficial interest of my personally held buy to lets to a company and believe I’m well placed to claim capital gains relief as I manage the portfolio myself.
However the SDLT payable would be very high and make structuring my business in this manner not worth it.
I’m looking into the rules regarding the transferal interest of partnership properties and believe that there is no SDLT payable for this – does anyone know if that is still the case post April 1st 2016?
Thanks for your help.