Stamp duty for adding my partner to my deeds
2 posts • Page 1 of 1
by lmay on Tue Nov 02, 2004 8:40 am
My partner would like invest £70,000 into my property and in return I will add his name to the deeds to the tune of 35%. I have been advised that we will have to pay stamp duty - is this true - and if so, how much? The property is worth £200,000. There is no mortgage on the property.
- lmay
- Posts: 1
- Joined: Wed Aug 06, 2008 3:14 pm
by cranleys on Sun Nov 28, 2004 10:18 am
You will need to pay this on the consideration paid.
Colin Davison
Cranleys Chartered Accountants
Editor of Property Tax Secrets 2005
colin@cranleys.co.uk 01256-766655
You can purchase a copy of the book direct by giving me a call or email which includes a free 20 minute consultation OR purchase from the publisher:
http://www.taxationweb.co.uk/propertytax/colin
Colin Davison
Cranleys Chartered Accountants
Editor of Property Tax Secrets 2005
colin@cranleys.co.uk 01256-766655
You can purchase a copy of the book direct by giving me a call or email which includes a free 20 minute consultation OR purchase from the publisher:
http://www.taxationweb.co.uk/propertytax/colin
- cranleys
- Posts: 570
- Joined: Wed Aug 06, 2008 3:13 pm
- Location: Basingstoke
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:
