Lovin’ this article, but need more advice on your tax affairs?
Get in touch today.
Stamp Duty Land Tax applies to most acquisitions of land and buildings, but every transaction is unique.
The SDLT legislation is complex and constantly changing. Without specialist tax knowledge things can be missed or mistakes can be made, which may result in your clients paying the wrong amount of SDLT.
As a result, regulatory bodies and, in particular, The Law Society, have recommended that solicitors obtain specialist SDLT advice.
How can we help?
When should you seek specialist SDLT advice?
We would recommend seeking advice from a tax specialist for all complex or high value transactions. However, some particular areas of difficulty include transactions which involve:
In particular, areas which commonly result in overpayments of SDLT include transactions involving: