Frequently Asked Questions
Stamp Duty Land Tax is a minefield of categories, rates, complicated regulations. We’re here to help. Read our FAQs for the latest Stamp Duty advice.
+ What is Stamp Duty Land Tax?
Stamp Duty Land Tax (or SDLT) is a tax paid on the purchase of most residential and commercial properties and land in England, based on the ‘chargeable consideration’. Similar regulations are in place across Wales (the Land Transaction Tax) and Scotland (the Land and Buildings Transaction Tax).
The amount of Stamp Duty you are required to pay depends on a number of factors, including the intended use of the property and whether it is your first property purchase or not - as well as the value of the transaction. Stamp Duty is payable to HMRC within 14 days of a property or land transaction completion.
Reducing your Stamp Duty liability can take many forms, including multiple dwelling relief, using non-residential and mixed-use rates in place of residential rates, or maximising the value of items included in the transaction that can be considered as neither land nor buildings.
Learn more about how we identify Stamp Duty savings for you.
+ Another company told me I had no claim. Can you still help me?
Probably! As most other tax firms have a general knowledge of Stamp Duty, there are often areas of potential savings that they have overlooked. As experts, who negotiate the Stamp Duty landscape every day, we have a better understanding of the underlying primary legislation, the surrounding case law, and HMRC / VOA guidance, allowing us to consider a far wider range of refund possibilities.
+ I have already received a partial refund of my Stamp Duty - can I still claim again?
If you are within 12 months of the resubmission filing date, yes, you can claim again. However, by resubmitting, HMRC have the opportunity to review this refund application as well as all previous refunds.
Speak to us if you’re unsure about whether you should claim again.
+ Are there any upfront fees for your Stamp Duty services?
No! Our fees are only due once we have completed our work. Our fees are based on a proportion of the tax we save for you. All fees will be agreed in advance in writing so you can be sure there are no surprises down the line.
+ This sounds too good to be true... What's the catch?
There isn’t one!
Historically, intricate and in-depth Stamp Duty advice has only been available to large corporate investors willing to pay huge fees to accountancy and law practices. With the systems we’ve developed over the years and our innovative use of technology, we’re able to bring the same high-quality advice to you, with a much lower cost implication.
+ Is this tax evasion? Won’t I get in trouble?
We do not support tax evasion. All services conducted by us are claiming legitimate allowances and reliefs promoted by HM Treasury, identified by undertaking a thorough and forensic approach to our investigations. We help people pay the right amount of Stamp Duty tax by using tax allowances.
We will never condone or advise tax evasion.
+ How can I be sure you’re providing a professional service?
All of our activities are regulated by the Royal Institution of Chartered Surveyors (RICS) and our advisors are regulated by both RICS and the Association of Tax Technicians. We will never condone, encourage or be involved in any money laundering or tax evasion.
We are professional experts in the industry, with proven results.