HMRC Guidance on higher rates of SDLT for additional property

[SDLT Geek]

HMRC have taken down from their website their November 2016 pdf guidance on the higher rates of SDLT (the 3% stamp duty land tax surcharge). It can be found here if needed: http://webarchive.nationalarchives.gov.uk/20170203173904/https://www.gov.uk/government/publications/stamp-duty-land-tax-higher-rates-for-purchases-of-additional-residential-properties

That old version explains the replacement exception better and has more examples than the text now in the Manual indexed here: https://www.gov.uk/hmrc-internal-manuals/stamp-duty-land-tax-manual/sdltm09730 The Manual has the advantage of having been updated for the changes made by the Autumn Budget with effect from 22 November 2017.

[SDLT Geek]

HMRC expect shortly to replace the brief gov.uk guidance put up in March 2017: https://www.gov.uk/guidance/stamp-duty-land-tax-buying-an-additional-residential-property

There is a meeting tomorrow to discuss the latest draft.