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Evening Standard
Evening Standard
National
Tom Place

‘Large cupboard’ helps owners of £18m London flat slash £1.7m stamp duty bill

HMRC

The owners of a luxury London flat have saved £1.7m on stamp duty after they successfully challenged the tax status of a “large cupboard”.

Raj and Varsha Sehgal have won a legal battle with HMRC after buying a £18.25m property in Grosvenor Square in 2022, which came with a storage unit in the basement.

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