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.

Several influencing factors have come into play including, inner-city dwellers moving to the country to get more space amidst lockdown restrictions and this has further been driven by the Stamp Duty Holiday imposed by the government.

More clarity surrounding Mixed-Use properties is welcomed by Cap Ex Associates, as is the proposed apportioned payment but the most interesting proposed changes from this document are the proposed changes of Multiple Dwellings for homebuyers which could increase the SDLT paid on an additional dwelling by £86k each.

This combined increases the complexity of an already highly intricate area of taxation. Never has specialist advice been more prevalent.