Are you eligible for a Stamp Duty Land Tax (SDLT) refund? Discover the expertise of UK Property Accountants to guide you through the process seamlessly.
Unintentional SDLT overpayments often occur due to the diverse nature of property transactions. Given that property purchases vary and don't conform to a standardised model, SDLT taxes are prone to being neglected or miscalculated.
SDLT group relief is applicable to a transaction when, at the effective date (usually the completion date), both the seller and the buyer involved in land transfers are part of the same group of companies. To be in the same group, one company must own a minimum of 75% of another company’s share capital, or a third company should possess at least 75% of the share capital for both the buyer and the seller.
A first-time buyer relief is available to someone who has never owned a residential property and plans to live in the purchased property as their primary residence. Relief is applicable if the property’s value is £625,000 or less.
In the event of acquiring a property that encompasses both residential and non-residential components, there exists the potential eligibility for a Stamp Duty rebate that you may be entitled to claim.
You may qualify for Multiple Dwellings Relief (MDR), when acquiring multiple properties in one or more transactions. Despite being a longstanding exemption, Multiple Dwellings Relief (MDR) is not always fully comprehended by solicitors or homebuyers. Property developers, investors, and homebuyers in the UK might be eligible for a stamp duty refund when purchasing multiple dwellings.
Many homeowners and property buyers end up paying an extra 3% SDLT surcharge when acquiring additional dwellings or properties, even if they are unfit for use or in a state of disrepair. You can reclaim Stamp Duty Land Tax for derelict properties that you plan to renovate or put to use.
Buying a residence from the personal representatives of a deceased individual as part of a business specialising in acquiring properties from such representatives, may qualify for a Stamp Duty refund.
We are specialist accountants and tax advisers for your property business who understand the nuances of the stamp duty and refund processes. Our accomplished tech-embedded service with exceptional property tax insight makes us stand out from the rest.
Our team of experienced accountants specialises in property-related taxation. We understand the complexities of SDLT, ensuring your claim is handled with precision.
Each property transaction is unique. We provide personalised solutions based on your specific circumstances, maximising your chances of a successful claim.
We have successfully provided SDLT refund services delivering tangible results and improved efficiency for our clients.
Save time and hassle. We streamline the SDLT refund process, making it straightforward for you to claim what you’re entitled to.
Our services deliver exceptional value, offering competitive pricing without compromising on the expertise and quality we provide to SDLT Refund process.
We prioritise transparent and consistent communication throughout the SDLT refund process. Stay informed at every stage, receiving updates and clarifications promptly.
Our work is centered around innovation, efficiency, collaboration, and delivering exceptional results to our clients.
As property professionals, we naturally wanted to find a firm with strong sector experience and chose UKPA as an integral member of our power team. Working with Yuki and Bipin is an absolute delight, as is the high level of customer service that they provide to us as clients of the firm. I would highly recommend all property professionals to engage UKPA as their accountants.
UKPA have given exceptional support in recent months, by far the easiest to work with and with a great volume of understanding about the situations they were presented with. They also assisted clearly and with full commitment in an urgent situation, flawlessly meeting the need. I have no hesitation in my decision in using UKPA for all future accounting matters for business.
UK Property Accountants came to the rescue when I discovered that I need to register my property quickly, as an overseas entity. They were very professional from start to finish and highly recommend them.
I would like to say a big thank you to Christina who works at UK property accountants. Christina has been personally handling my accounts for the last year and she has made the whole process smooth. Christina has made complex situations very simple and when any issues arise she has always managed to a provide fast solution. Her communication is 10/10 and is far superior to any other accountant that I have previously worked with. Thank you Christina!
I have used UK Property accountants services. I am very grateful and happy with their service. The entire time are very knowledgeable and straight to the point. All my doubts were explained in a way I could understand, all my emails were promptly answered. PETER, RAJ and SIMRAN, thank you so much for your professionalism and efficiency. I had a very pleasant and positive experience. Highly recommended!
Meet our esteemed Team Leads, driving financial prowess in property accounting with strategic acumen and leadership.