Stamp Duty Land Tax
Todays exciting blog is about Stamp Duty Land Tax (SDLT). Try and stay awake until the end as we all know tax is really interesting (well if you are an accountant). SDLT works as follows: up to 125K...
View ArticleNew builds and allowances
You need to be careful if the developer offers to pay your stamp duty on a property worth £250,000 then that is a taxable benefit. So if they pay tax of £2,500 being 1% that is not correct as the...
View ArticleHello Mr Osbourne, do you read me?
When George Osbourne announced measures to help homebuyers in yesterday’s budget, I was left with the bizarre feeling Boy George has been reading my blog. For the last two year I’ve been asking the...
View ArticleMissed opportunity to sort out Stamp Duty
The Council of Mortgage Lenders has yet again made sensible comments on Stamp Duty Land Tax. Indeed it is rather disconcerting that they have done so given my recent blog which referred to the problems...
View ArticleDelays in Moving House
There are always going to be criticisms of any system in place and conveyancing (the legal system in place for changing property ownership) is certainly not one which escapes such comments. Over the...
View ArticleBuy-to-let and second homes Stamp Duty 2016
Changes were announced in the 2015 Autumn statement that from 1st April 2016, property buyers in England and Wales will have to pay and additional 3% on each Stamp Duty band on Buy-to-let and second...
View ArticleNew higher rates of Stamp Duty Land Tax (SDLT)
Substantial changes to SDLT will be coming into effect from the beginning of April and there is already a lot of confusion over its implications. Buyers will need to pay an additional 3% on residential...
View ArticleSome Things in Life are Guaranteed to be Satisfying
Some things in life are guaranteed to be satisfying, like having some down-time after a hard week, taking off high heels at the end of the day, getting into a freshly made bed and receiving good...
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