Finance Bill 2021: Government amendments to Schs 7 (hybrids) and 22 (freeports: SDLT)

Published on: 16 April 2021

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Specialist Tax Regulatory Materials

Article summary

The Government has tabled two sets of amendments to Finance Bill 2021 to ensure that: (a) the Sch 7 changes to the hybrids rules work as intended, and (b) property acquisitions in freeport tax sites using alternative finance arrangements will benefit from freeports SDLT relief in the same way as transactions using conventional finance (Sch 22).

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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