When Are You Exempt From Stamp Duty?

As a property buyer, it’s important to be aware of the SDLT (Stamp Duty Land Tax) rules and when you’re exempt from paying it. In this post, we’ll take a closer look at the different exemptions which may help you.

What is the Definition of ‘Main Residence’ for Stamp Duty Land Tax

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Stamp duty land tax is not charged when buying a first home. However, if you’re buying another home that isn’t your permanent residence, you will be liable to pay extra SDLT. The 3% surcharge is added when purchasing an additional dwelling but exemptions apply if the property being purchased is your main residence.

How to Avoid Paying Stamp Duty Land Tax

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When buying a property in the UK there are many different costs involved, one of which is Stamp Duty Land Tax. The rules around this tax have changed over the last few years and can often be difficult to understand. It is important to seek professional advice before any property purchases.

Stamp Duty Land Tax – Everything you need to know

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If you’re buying a property in England or Northern Ireland that costs more than £125,000 then you’ll have to pay Stamp Duty Land Tax (SDLT). Get the SDLT guidance you need, including how it works, what exactly you need to pay it on, the rates and what it means for first-time buyers.