Stamp Duty Land Tax
You are looking to purchase a new property, either a commercial property or a residential property.
The purchase price is in excess of £500,000, and you realise that you will be due to pay Stamp Duty Land Tax at 4% of the value of the property that you are purchasing.
What can be done?
In fact, the Stamp Duty legislation sets out a number of occasions where some purchases are not subject to Stamp Duty Land Tax, and it might be possible for you to arrange your own purchase in such a way as to take advantage of the exemptions set out in the legislation.
There are a number of specialist firms that advise individuals and businesses to arrange their purchases in a way that reduces the Stamp Duty Land Tax charge. We have a lot of experience of working with these companies over the years, and depending on your circumstance, we can put you in touch with the adviser that we think most fits your needs.
If you would like to talk to us about Stamp Duty Land Tax planning, please call us on 01553 630310. Alternatively, please complete the attached questionnaire, and we will contact you as soon as we can.
