SDLT and Uninhabitable Properties
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.
Student Accommodation and SDLT Exemption
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.
SDLT – How Can You Claim An SDLT Exemption?￼
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.
SDLT – When Are You Exempt?
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 Bridging Finance and Bridging Loans?￼
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.
MDR? What it is and how it can save you money?
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).
Advice on stamp duty land tax for student accommodation
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.
SDLT has raised over £8.6bn to the exchequer in the 2020-21 tax year
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.
What is the Definition of Main Residence for Stamp Duty Land Tax
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
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.