SDLT/CGT

[karenjmorgan]

I have found this on a Zoopla SDLT Guide:-

"And, while it's not an exemption, it's worth noting that if you pay Capital Gains Tax on the sale profits of an additional home, you can offset the cost of the 3% Stamp Duty surcharge against your gain".
Read more at http://www.zoopla.co.uk/discover/buying ... Jw9t16K.99 (see page 12, part of the Q&A)

I can't find any more information on the HMRC Website. Can anyone tell me more please?
Thanks

[karenjmorgan]

I think I may have the answer to my own question? It's only the CGT on the property on which the SDLT was charged that can be offset?

[section 44]

In calculating your gain for CGT purposes, you are entitled to deduct any SDLT incurred on your acquisition of the property. If's that's what you mean