We are buying a new build house £124,950, we have been told that it is exempt from stamp duty as it is a regeneration area. Is this correct as we dont want any nasty surprises later if it is wrong.
It is in Co Durham, Derwentside district, although semi rural it was a predominently coalfields area but appears to be slowly attracting new investment/building to the area.
stamp duty exemption
2 posts • Page 1 of 1
by paulc on Thu Apr 29, 2004 7:09 am
It will be free of stamp duty if it is in a disadvantaged area. To find out whether it is a disadvantaged area, you need to know either the postcode of the property or in what local authority ward it is in. There is then a search facility on the Inland Revenue website. The postcode search facility is at www.inlandrevenue.gov.uk/so/pcode_search.htm
Paul
Paul
- paulc
- Posts: 33
- Joined: Wed Aug 06, 2008 3:04 pm
2 posts • Page 1 of 1
TaxationWeb Limited (Registered in England No. 4571386), 6 Coleby Avenue, Peel Hall, Manchester, M22 5HH, United Kingdom
Information which you supply whilst using this website may be held in our computer records and may be used to send you information which we think might be of interest to you. If you do not want your information to be used for such purposes please write to us at: 6 Coleby Avenue, Peel Hall, Manchester M22 5HH, UK, or email us
Website by Dorifor Internet Marketing | Powered by phpBB
Dorifor Tax Group - our portfolio of tax sites:
