Stamp Duty Land Tax

Stamp duty land tax (SDLT) is paid by the purchaser on most residential and commercial property and land deals, including certain leases.

This requires the purchaser to submit the appropriate paperwork, including an assessment of the tax due, to HM Revenue & Customs (HMRC) within 30 days of completion of the transaction.

A late return triggers an automatic fine and late payment of the tax due, which must also be paid within 30 days of the transaction, will attract an interest charge.

Our team can assist in property and land deals involving SDLT by advising you of the impact of the tax on the transaction and calculating your liability. We can also help you complete the appropriate paperwork and submit it to HMRC.

To find about more about how we can help you, contact us on 01656 867167 or at tellmemore@clayshawthomas.com to arrange a free, no obligation first meeting.

Top