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Where Taxpayers and Advisers Meet

help with stamp duty for multiple dwellings

Frugal1
Posts:2
Joined:Fri Feb 03, 2017 3:56 pm
help with stamp duty for multiple dwellings

Postby Frugal1 » Wed May 23, 2018 4:11 pm

Can someone tell me what the stamp duty charge would be for selling 34 BTL properties (multiple dwellings relief) in one transaction averaging £82000.00 each?

Frugal1
Posts:2
Joined:Fri Feb 03, 2017 3:56 pm

Re: help with stamp duty for multiple dwellings

Postby Frugal1 » Wed May 23, 2018 5:05 pm

I should have said selling to my Ltd Co.

bd6759
Posts:4267
Joined:Sat Feb 01, 2014 3:26 pm

Re: help with stamp duty for multiple dwellings

Postby bd6759 » Wed May 23, 2018 5:08 pm

There is no SDLT payable by the seller.

SDLT payable by the purchaser is £82,000 x 3% x 34 (presuming that MDR is due and that the purchase price is the true market value).

SDLT Geek
Posts:232
Joined:Sun Apr 30, 2017 5:45 pm

Re: help with stamp duty for multiple dwellings

Postby SDLT Geek » Wed May 23, 2018 10:19 pm

But it might be different if for a long time the properties have been owned by a partnership, not by you personally.


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