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Where Taxpayers and Advisers Meet

Search found 194 matches

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by SDLT Geek
Thu Jun 25, 2020 11:09 pm
Forum: Property Taxation
Topic: Property Transfer / Equity
Replies: 1
Views: 417

Re: Property Transfer / Equity

A property swap is not treated favourably for SDLT. Each party pays SDLT on the property it acquires, usually on the market value.
by SDLT Geek
Tue Jun 09, 2020 9:52 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: SECOND HOME STAMP DUTY
Replies: 2
Views: 449

Re: SECOND HOME STAMP DUTY

Yes, the higher rates are due on the purchase.
by SDLT Geek
Fri May 15, 2020 10:04 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Help needed from a kind SDLT expert!
Replies: 4
Views: 599

Re: Help needed from a kind SDLT expert!

Here is that link:
https://www.blakemorgan.co.uk/sdlt-3-surcharge-hmrcs-mistake-on-replacement-of-only-or-main-residence/
by SDLT Geek
Fri May 15, 2020 10:03 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Help needed from a kind SDLT expert!
Replies: 4
Views: 599

Re: Help needed from a kind SDLT expert!

The system of cgt elections has no relevance to SDLT. For SDLT whether a property is a main residence is a matter of fact. If property A as a matter of fact is your main residence and you sell it, then within 3 years buying property C intending to live in it as your main residence, the 3% surcharge ...
by SDLT Geek
Fri May 15, 2020 9:53 pm
Forum: Property Taxation
Topic: Do I get Stamp Duty relief on my BTL property?
Replies: 6
Views: 947

Re: Do I get Stamp Duty relief on my BTL property?

A spouse having sold her own main residence in the last three years would only help if the husband had lived in the property as well as his only or main residence.
by SDLT Geek
Thu May 14, 2020 5:13 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: SDLT for transfer of equity and BLT
Replies: 5
Views: 625

Re: SDLT for transfer of equity and BLT

I agree that SDLT would be worked out on £150k as AGoodman says. But for spouses living together the 3% surcharge does not apply. So SDLT at standard rates would be £500.
by SDLT Geek
Tue May 12, 2020 9:32 pm
Forum: Property Taxation
Topic: Do I get Stamp Duty relief on my BTL property?
Replies: 6
Views: 947

Re: Do I get Stamp Duty relief on my BTL property?

I agree with maths.
by SDLT Geek
Sun Apr 12, 2020 5:26 pm
Forum: Property Taxation
Topic: Non resident BTL
Replies: 4
Views: 672

Re: Non resident BTL

I agree with maths.
by SDLT Geek
Sun Mar 29, 2020 5:30 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Interim Transaction Rule?
Replies: 10
Views: 1381

Re: Interim Transaction Rule?

I see that Example 7 referred to has now been updated.
by SDLT Geek
Wed Mar 25, 2020 7:21 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Interim Transaction Rule?
Replies: 10
Views: 1381

Re: Interim Transaction Rule?

I agree with Maths. I am sure that is what is meant.

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