Stamp Duty and Land Tax
How we can help
Stamp Duty Land Tax (SDLT) is the tax you pay when you acquire land or buildings situated in England and Northern Ireland. Different taxes apply in Wales or Scotland, but they share similarities with SDLT. Paying this tax should be a fairly simple mechanical transaction, but our experience at Deeks VAT Consultancy has proved otherwise.
SDLT has become ever more confusing to understand and complex to apply. Deeks VAT consultancy is here to help you unravel this complexity and avoid the difficulties and heavy costs that might arise from making an error. Frequent changes in the law and reporting procedures mean that SDLT is a constantly evolving field of expertise, but our team is always aware of updates and can advise you on the day-to-day situation. Since 2006, our SDLT consultants have specialised in providing Stamp Duty advice to a wide variety of clients, from private homeowners to commercial developers, as well as solicitors dealing with land transactions.
Why Seek SDLT Advice?
Our experts can advise you on residential, non-residential and mixed-use property transactions across the UK, including such information as SDLT thresholds and available discounts, time to pay, plus interest and penalties. We can also offer you advice on such matters as exemptions and refunds, mixed use calculations and multi-dwellings relief (MDR).
We can reclaim overpaid Stamp Duty Land Tax on UK property. Whether you are a residential homeowner, property developer, or investor, we can reclaim on Multiple Dwellings Relief, Mixed-Use property, and other Stamp Duty reliefs, often missed by conveyancers and solicitors”
The introduction of the ‘3% Surcharge’ on second properties in 2016 and the confusion generated which persists to this day, starkly highlighted the scope for error in Stamp Duty payments. In light of this, we have moved to develop multiple service areas and tools to help avoid costly mistakes on current and future purchases, as well as assisting in correction of historically incorrect transactions.
If you’re a homebuyer, solicitor, or agent and require pre or post-transactional advice then please contact us and one of our SDLT advisors will be delighted to help. Should you require SDLT advice, please email simon@deeksvat.co.uk
SDLT for Commercial Entities
You pay Stamp duty on commercial Leases and on rent. Our experts can advise you on commercial and mixed-use property transactions across the UK, including such information as SDLT thresholds and available discounts, time to pay, plus interest and penalties. We can also offer you advice on such matters as exemptions and refunds, mixed-use calculations, and multi-dwellings relief (MDR).
SDLT for Private Individuals
The introduction of the ‘3% Surcharge’ on second properties in 2016 and the confusion generated which persists to this day, starkly highlighted the scope for error in Stamp Duty payments. In light of this, we have moved to develop multiple service areas and tools to help avoid costly mistakes on current and future purchases, as well as assisting in correction of historically incorrect transactions, and advise on any exemptions available.
Our Stamp Duty and Land Tax Specialist
Simon has over 25 + years of experience working within City law firms and accountancy practices. He is a member of the Association of Taxation Technicians, Chartered Institute of Taxation, Federation of Tax Advisers, Institute of Financial Accountants and the Institute of Public Accountants (Australia).
Visit Simon’s ProfileYour advice has been invaluable in putting our best case forward to the HMRC
Leigh Hall, Director at Hall Leisure Ltd
Latest news & insights
View all news & insights- News
Deeks VAT News issue 49
In this month’s Deeks VAT Newsletter, we delve into the Go City Limited case, where the First-Tier Tribunal addressed the VAT treatment of sightseeing passes. The key question was whether these passes should be seen as a supply of services or classified as multi-purpose vouchers—a distinction that significantly affects the timing and amount of VAT payable. This ruling has major implications for the tourism sector, especially for businesses offering bundled services. For a comprehensive analysis of the case and its potential impact, don’t miss this month’s edition!
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Deeks VAT News issue 48
In this edition of the Deeks VAT Newsletter, we delve into the significant Lycamobile case, a landmark in VAT litigation. This case has profound implications for businesses operating in the telecommunications sector, particularly concerning VAT compliance and the interpretation of tax laws across borders. We break down the key aspects of the case, the court’s decision, and what it means for your business. Stay informed on how this ruling could impact your VAT obligations and strategic planning.
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Deeks VAT News issue 47
Welcome to this month’s Newsletter August 2024 issue 47 Keeping you up to date on VAT changes In this month’s newsletter we cover the following: How to pay duties and VAT on imports – updated guidance Fulfilment House Due Diligence Scheme registered businesses list updated Inter-company charges: Do I add VAT? New HMRC VAT registration […]
Want to find out how we can help?
Here at Deeks VAT Consultancy we can help all types of businesses, either personally or acting on your behalf for your clients. Drop us a message and one of our specialists will be in touch to discuss how we can help.
Jane: +44 (0) 7710 553831
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