You may be eligible for a refund of the 3% Stamp Duty Land Tax (SDLT) surcharge if you buy a new main residence and sell your previous main residence within three years.
As per para 3 of Schedule 15 of Finance Act 2003, there are two parts to the replacement of a purchasers' main residence:
You must have bought your new main dwelling on or after 1 April 2016. The new dwelling acquired must be intended to be occupied as the individual’s only or main residence.
The sale of your previous main dwelling must complete within three years of the purchase of your new main residence.
You must have sold your previous main dwelling on or after 1 April 2016. You must have owned and occupied your previous main dwelling as your main residence.
If you have sold your previous main dwelling within three years of purchase of your new main residence, we help you to claim back overpaid SDLT.
We are specialist accountants and tax advisers for your property business & provide the top-notch services tailored to your needs. Our accomplished tech-embedded service with exceptional property tax insight makes us stand out from the rest.
We pride ourselves on our quick turnaround times and efficient processes, ensuring that your 3% SDLT refund is completed in a timely manner and without any delays.
Our competitive pricing ensures that you receive excellent value for your money while maintaining the highest quality of service.
We make it easy to submit your 3% SDLT refund by handling all the filing on your behalf, so you don’t have to worry about any of the details.
Our competitive pricing ensures that you receive excellent value for your money while maintaining the highest quality of service.
With our expertise and experience, you can relax knowing that your SDLT refund is in good hands and that you’re fully compliant with all relevant regulations and requirements.
We pride ourselves on our quick turnaround times and efficient processes, ensuring that your 3% SDLT refund is completed in a timely manner and without any delays.
Our work is centered around innovation, efficiency, collaboration, and delivering exceptional results to our clients.
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