HMRC Loses Multi Million Pound Chelsea Barracks Tax Appeal Specialist Lawyer Expects HMRC To Appeal 27.05.2016 David Shirt, Press Officer | 0161 838 3094 HMRC has lost over £38m of Stamp Duty Land Tax (SDLT) in a significant defeat to the purchaser of the Chelsea Barracks. The acquirer, a fund owned by the Qatar Investment Authority, bought the Chelsea Barracks in 2008 had implemented some SDLT planning to acquire the property, which HMRC challenged. HMRC had, despite winning the previous hearing and obtaining £38m of SDLT out of PBL, then appealed to try and increase the SDLT to £50m. The acquirer sought to reduce this to nil. Three Court of Appeal judges decided that HMRC had pursued the wrong party for the tax. Press contact David Shirt BLS PR Manager 0161 838 3094 Email David Related articles 15.02.2017Cocoon Aims To Secure £2.5m For Latest Expansion Drive 14.02.2017Serious Fraud Office - The Big Funding Debate 14.02.2017Inflation Rises As UK Feels Effect Of Weak Pound Post-Brexit Vote 10.02.2017Today's Court Of Appeal Ruling To Have Impact on Uber And Other Firms In 'The Gig Economy' 09.02.2017Court Of Appeal Employment Ruling To Have Impact on 'Gig Economy'