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Where Taxpayers and Advisers Meet

Stamp Duty Question - Second Property Tax Liable

caffe
Posts:28
Joined:Wed Aug 06, 2008 4:02 pm
Stamp Duty Question - Second Property Tax Liable

Postby caffe » Sat Aug 07, 2021 7:06 pm

Hello please can you help with explaining teh second property tax levy of 3% would apply?

- Husband & Wife have a "Mesher Order" where wife remains in FMH
- Husband moves into BTL flat until "Mesher Order" ends (approx 4 yrs pass by)
- Family home is then sold, husband buys a new residential home but retain BTL flat

Will the new property attract 2nd porperty SDLT levy of 3%?

Thanks

Caffe

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