Stamp duty on transfer

[Mittens]

Dear all

I would like to transfer a property which I have owned for approximately 1 year, into a newly created company. The main purpose of the company will be to build a residential property portfolio over time

I have not made any capital gain ( at today's market value)

Will I be liable for stamp duty and is there any way to mitigate this? ( property is valued at about 210k, with no outstanding finance)

If the company sells the property in the future, would the future buyer be liable for stamp duty on the purchase

Many thanks

[maths]

SDLT will be payable on the market value of the property assuming you own more than 50% of the voting power or share capital in the company.

Buyer in a future sale would be liable to SDLT.