A Complete Guide to Stamp Duty Refund
The UK government imposes Stamp Duty Land Tax (SDLT) on the acquisition of land and properties over a specified threshold value. SDLT is a crucial aspect of property transactions, often representing a significant expense for buyers. However, many may not...
Residential Property Tax Hits Pre-Pandemic Levels Of £15bn
The stamp duty land tax (SDLT) has experienced a remarkable resurgence, reclaiming pre-pandemic heights and reaching an impressive £15.4bn. This achievement is notable, given the challenges posed by fluctuating property prices and the impact of varying interest rates. Despite the...
Tribunal Ruling Exposes Scheme to Cut SDLT Bills
In a recent ruling by the Upper Tribunal, property owners utilising a tax avoidance scheme to cut Stamp Duty Land Tax (SDLT) bills have been held liable. Dating back to property purchases as early as 2010, buyers employed a marketed...
Jonathan Ralph v HMRC: Multiple Dwellings Relief (MDR) and SDLT Analysis
The recent case of Jonathan Ralph v. The Commissioners for Her Majesty’s Revenue and Customs raises pivotal questions surrounding the eligibility of Multiple Dwellings Relief (MDR) for Stamp Duty Land Tax (SDLT) on the acquisition of a property. This analysis...
