Pre 2003 transfer

[AvocadoK]

Grateful to anyone who can comment on a question about stamp duty on pre SDLT transactions...

A trust contracted to transfer freehold property into a limited company in the 1930s. Contracts were signed, but not completed. Under pre SDLT, stamp duty rules, no duty was payable until completion.
It is now proposed to complete the transfer.
My questions is, will stamp duty be payable now, at old stamp duty 1930s rates?

regards

AK

[maths]

My understanding is that where a transaction rests in contract ad valorem duty is payable at the rate at the date of contract.


However SD is not a specialism
of mine.

[AvocadoK]

Thank you maths.
And my tax tables don't go back quite that far! (I do have a 1962 Yellow Butterworths tho).