Stamp Duty & Land Tax

You need to pay stamp duty & land tax (SDLT) when you buy a property or land in England, , and Northern Ireland, with some exemptions. SDLT may be the first tax you would have paid as a landlord!

SDLT is usually payable in following situations:

  • Purchase of a freehold and leasehold property (including shared ownership)
  • Grant or assignment of a lease
  • Transfer of property or land for consideration (we will explain this in detail later)

Any acquisition of land or buildings in England and Northern Ireland is chargeable to Stamp duty and land tax (SDLT). SDLT is payable irrespective of whether the buyer is a UK resident or not. The ...

What is Stamp Duty Land Tax (SDLT)? Stamp Duty Land Tax is a tax on land transactions. SDLT must be paid if you buy a property of land at a certain price in England and ...

SDLT is one of the significant tax burdens to any property investor, developer or trader. However, proper SDLT structuring can lawfully reduce SDLT liability resulting in a significant reduction in initial capital investment and return ...

Generally, a 3% additional surcharge of SDLT applies on the purchase of dwellings: If the purchaser owns another dwelling anywhere in the world which has a market value of £40,000 or more The purchase is ...

The government brought Multiple Dwellings Relief (MDR) in 2011 to encourage investment in residential property. MDR is available for purchasers of residential property who acquire interests in more than one dwelling in a single or ...