Morning!
I'm transferring my buy to let property to a LTD company where my husband and myself are directors. We brought out main residence in 2019 and had to pay the higher rate stamp duty due to the BTL.
Given this will now be sold to LTD and we will have 1 residence in our name (not the companies name) can I obtain a refund from HMRC for the additional stamp duty on my main residence.
I was advised my another solicitor that I could obtain a refund and have gone down the long rabbit hole of transfering the property, we are about to close when a different solicitor has advised that as I have a major interest in the LTD company (director 50/50) I can't claim back!
Any advice would be greatly appreciated, as I could potentially be at a huge loss.
thank you
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