
HMRC
Farmhouse Grounds Are Residential Under Stamp Duty Land Tax (Hyman v HMRC)
A recent case that was taken to the First-tier Tribunal has determined that the grounds of a farmhouse are residential property under SDLT. This means that buildings such as a barn, meadow and bridleway will all be caught in the valuation for full SDLT rates. The Case – Hyman v HMRC A taxpayers applied for