020 7353 7884

clerks@templetax.com

Michael Collins: Tax Journal article "Section 77 stamp duty relief and company reorganisations"


9th December 2016



The FA 2016 had an unpleasant surprise in the form of the introduction of an additional requirement for s 77 stamp duty relief on a share-for-share exchange. e amendment is intended to tackle stamp duty planning, but it also impacts genuine commercial transactions where there is no question of tax avoidance. In particular, one result of the amendment is to impose an extra cost where shareholders wish to partition a property company using the reduction of capital procedure – a transaction hitherto thought uncontroversial.


Download: pb50_TJ_2016_Issue1335_Collins.pdf

Associated Members

Michael Collins

Chambers is consistently recognised as a Leading Tax Set in the Chambers and Partners and Legal 500 Directories

Our Members

Alun James
Michael Sherry
Jonathan S. Schwarz
Tim Brown
Scott Redpath
Michael Collins
Philip Ridgway
Stephen Arthur
Michael Quinlan
Keith M Gordon
Ximena Montes Manzano
Lyndsey Frawley
David Pett
Michael Avient
Denis Edwards

Our Clerks

Claire James
Senior Clerk
Lucy Campbell
Deputy Senior Clerk
Cindy Green
First Junior Clerk
Kaylin O'Rourke
Junior Clerk

Latest Publications

View All

David Pett

Jonathan S. Schwarz

David Pett

Ximena Montes Manzano

Anne Fairpo

David Pett

Keith M Gordon

Keith M Gordon

Ximena Montes Manzano
Keith M Gordon
Andrey Krahmal
Anne Fairpo

Alun James
Michael Collins

Philip Ridgway

Jonathan S. Schwarz

Get In Touch / Case Enquiry