Advertorial: How to tell if you’ve paid too much stamp duty

19 November 2020

Issue: 7911 / Categories: Legal News , Property , Tax

Property buyers may be overpaying millions of pounds of stamp duty land tax (SDLT) each year, tax specialists Cornerstone has warned

Writing in NLJ this week (attached as a pdf below) Cornerstone’s David Hannah says: ‘Our estimate, based on internal research, is that as many as one in five SDLT returns may be being incorrectly completed on property purchases.’

But how do you tell if you’ve paid (or might be asked to pay) too much stamp duty? There is no easy answer and ‘no one-size-fits-all equation’, says Hannah.

Hannah outlines some reasons why solicitors make mistakes when calculating SDLT.

@Cornerstone_Tax

Issue Extract

NLJP_2020_Vol170_Issue7911_November_Cornerstone.pdf

Read Download

Issue: 7911 / Categories: Legal News , Property , Tax

Advertorial: How to tell if you’ve paid too much stamp duty

Property buyers may be overpaying millions of pounds of stamp duty land tax (SDLT) each year, tax specialists Cornerstone has warned

But how do you tell if you’ve paid (or might be asked to pay) too much stamp duty? There is no easy answer and ‘no one-size-fits-all equation’, says Hannah.

Hannah outlines some reasons why solicitors make mistakes when calculating SDLT.

@Cornerstone_Tax

Issue Extract

NLJP_2020_Vol170_Issue7911_November_Cornerstone.pdf

Read Download

Issue: 7911 / Categories: , Legal News , Property , Tax

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Advertorial: How to tell if you’ve paid too much stamp duty

MOVERS & SHAKERS

CBI South-East Council—Mike Wilson

Birketts—Phillippa O’Neill

Charles Russell Speechlys—Matthew Griffin