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Where Taxpayers and Advisers Meet

Search found 5 matches

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by DKB72
Thu Jun 13, 2019 12:56 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Refund
Replies: 8
Views: 2270

Re: Refund

You don't have to sell A, merely dispose of it. You could, for example, gift it to your parents. It would then form part of their estate for IHT, care home fees etc but you might be willing to risk that if you hope to eventually inherit. Rental income would be theirs too. This all probably depends ...
by DKB72
Tue Jun 11, 2019 12:38 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Refund
Replies: 8
Views: 2270

Re: Refund

I must say, this rule is absolutely galling. I was ok paying it in the first place but now it seems a little unfair that although im disposing of a 2nd property in little over 12 months I'm still having to pay it. i do agree from a fairness point of view if you now have one property only and you ha...
by DKB72
Tue Jun 11, 2019 11:33 am
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Refund
Replies: 8
Views: 2270

Re: Refund

I would agree with the no answer given by bd6759 for the specific question asked presuming property A is still owned/not sold within 3 years of purchasing property B. But isnt selling the original property and claiming the refund also a change in situation? Yes it is - so if you sell property A tha...
by DKB72
Tue Jun 11, 2019 7:56 am
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Refund
Replies: 8
Views: 2270

Re: Refund

But isnt selling the original property and claiming the refund also a change in situation?
by DKB72
Mon Jun 10, 2019 7:30 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Refund
Replies: 8
Views: 2270

Refund

Hello Hope you can advise. I had a property that I lived in then rented out then lived in then rented out. I then bought a property to live in as my main residence a year ago. As I already had the other property I had to pay the extra 3%. I’m now selling the house I bought as my main residence and e...

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