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Services We Offer
Written Tax Advice
We offer Tax Advice to First Time Buyer after understanding their situations which helps them to claim the relief with confidence.
Claim Back Overpaid SDLT
If you are a first-time buyer who has already purchased their first home but overpaid the SDLT in the last 12 months, we help you to claim back SDLT.
File SDLT Return
We provide the service of Filing the SDLT return to HMRC in a seamless & reliable manner.
Why Choose us for SDLT First Time Buyers Relief
SDLT First Time Buyers Relief encourage homeownership by reducing the upfront costs for first-time buyers and helping them to climb the housing ladder. We are specialist accountants and tax advisers for your property business & provide the top-notch services tailored to your needs. Our accomplished tech-embedded service with exceptional property tax insight makes us stand out from the rest.
How We Work
We take a collaborative and results-driven approach to helping our clients maximise their savings on SDLT. Our team of experts is committed to working closely with you throughout the entire process to ensure that we deliver the highest possible quality of service and achieve the best possible outcomes for your business.
We know how hard things are for you. We are here to answer any questions you have about SDLT as you go along.
We, as First-Time Buyers, understand your requirements because we went through the same process when we bought our first home.
Here is our awesome team
At UKPA, it is done by a team of people evolved from different walks of life. Trained and experienced in property and real estate tax, accounting and compliance matters, most of them are qualified as Chartered Accountants, Chartered Tax Advisers or Chartered Financial Analyst.
See How We Helped!
You're in good company
Julia
UK Resident
Tax Saving of £8,750
She sent us the SDLT return she had filed with HMRC while purchasing her first residential home. We identified that she had not claimed the First Time Buyer Relief. She purchased the Property for £450,000 and paid £10,000 as Stamp duty. We identified the case and SDLT Payable was only £1,250. We helped her claim refund of £8,750.
Jatinder Singh
Non-UK Resident
£7,500 Tax Saved
He engaged with us regarding the SDLT relief that is available while purchasing the first residential property. The SDLT he would pay without relief would be £15,500 whereas he would pay £8,000 after claiming the relief thereby giving potential saving of £7,500.
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FAQ's
You must claim the relief by entering the relief code “32” in SDLT Return. It doesn’t apply automatically.
Yes. First Time buyers can be of any age.
You cannot claim the relief if the inherited property was a freehold or leasehold interest in a dwelling.
Yes, if you were not the beneficiary of the trust, and you meet the other conditions.
Stamp duty must be paid within 14 days of the completion date.
No. To claim a relief none of the buyers should have previously owned or inherited a property.
About Us
UK Property Accountants is a leading firm of chartered certified accountants and chartered tax advisers specialising in the property and real estate sector with an office in London.
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