Chancellor’s Budget Rings Changes to Stamp Duty Land Tax on Commercial Properties

Changes to the Stamp Duty Land Tax (SDLT) payable on commercial property transactions, announced in the Chancellor’s Budget Speech, took effect from 17 March 2016. The changes mean that SDLT will now be calculated by reference to each tax band, rather than the complete transaction value i.e. SDLT will be payable on that proportion ofLearn More
  • 6 Apr, 2016
  • Ross Davidson
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Major Changes To Stamp Duty Land Tax

Changes to the Stamp Duty Land Tax (SDLT) payable on additional properties, such as buy-to- lets or second homes, announced in the Chancellor’s Autumn Statement take effect from 1 April 2016. SDLT will be payable at an additional 3% above the current rates. Second property purchases will always result in the higher SDLT rate, regardlessLearn More
  • 17 Mar, 2016
  • Ross Davidson
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Davidson McDonnell – Expert opinion Belfast Telegraph 23rd July 2014

The marketing of this major property loan book by Ulster Bank is the latest step by the bank, and its parent, Royal Bank of Scotland, to reduce its property exposure as the bank continues to emerge from the recent financial downturn. Ulster Bank has already successfully sold off debts attached to property in Northern IrelandLearn More
  • 31 Jul, 2014
  • Ross Davidson
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Davidson McDonnell contributes to Estates Gazette Ireland Focus June 2014

The property investment market in Northern Ireland rose rapidly last year and, as Stacey Meadwell finds out, 2014 is set to be even better While all eyes were in awe of the Republic of Ireland’s property investment market recovery last year, Belfast was experiencing its own rapid rise. “The recovery was 0-60 in two seconds.Learn More
  • 16 Jun, 2014
  • Ross Davidson
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BBC Newsline Video Interview

Ross Davidson on BBC Newsline on Friday 4 April 2014 commenting on the sale of NAMA’s NI loan book to Cerberus Capital Management

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  • 4 Apr, 2014
  • Ross Davidson
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