Reducing Stamp Duty Land Tax
Don’t let SDLT stamp on your profits
This has hit property investors very hard. There’s an additional 3% charge above and beyond the standard rate of SDLT.
Here are a few things you should be aware of:
- Multiple Dwellings Relief – available when 6 or more properties are being bought together
- Different SDLT rates and charges
- SDLT when incorporating your portfolio
- SDLT on leases and implications
- No SDLT on student accommodation
SDLT is a complicated area. There are penalties if you get things wrong. Please give us a call and we’ll happily discuss your particular scenario with you.