On 30 April 2008, HM Treasury issued Stamp duty land tax: ensuring fairness for all - a consultation response, a response paper to its consultation document, published in December 2007, on SDLT avoidance in relation to high-value residential property.

The paper indicates that the government is to press ahead with the introduction of regulations extending the SDLT disclosure regime to residential property transactions with a value over £1 million, and outlines how it intends to do so. However, the paper is substantively silent in relation to the proposed new "indirect charge" in relation to SPVs used to reduce stamp taxes in high-value residential property transactions.