If you are considering buying a property that you consider to be uninhabitable, it’s important that HMRC agree with you the team at Cap Ex Tax can help make sure you get it correct.
If you are looking to invest in student property this guide will help you find out if your property is exempt from Stamp Duty Land Tax.
When you are buying a property, there are various taxes and charges to consider. One of the most important is stamp duty land tax (SDLT). In this post, we will look at how you can claim for an SDLT exemption.
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.
Bridging finance is a short-term finance solution that helps bridge the gap between two financial purchases. Our article covers what Bridging Finance is and the types of Bridging loans available.
When a qualifying taxpayer buys more than one dwelling in a transaction, there is a multiple dwelling relief (MDR) which can be claimed for the stamp duty land tax (SDLT).
Student accommodation takes many different forms, and whether or not a building is defined as being in the “hall of residence” category will depend on what type of accommodations it offers.
Following last week’s publication from HMRC, it’s no surprise to see that SDLT has raised over £8.6bn to the exchequer in the 2020-21 tax year in what has been an incredibly active year for home buying.
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.
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.