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Stamp Duty Land Tax (SDLT) may become payable when you purchase a property. It can also become payable when you change the ownership of a property by way of a transfer of equity
If Stamp Duty Land Tax is payable when you purchase a property, it will be based upon a percentage of the purchase price of the property that you buy.
HMRC have a helpful SDLT Calculator to assist you in working out the amount payable. Click here to be taken to the SDLT Calculator
When purchasing a property Sampson Solicitors will always advise you on whether SDLT is payable and the amount that will need to be paid. We will arrange for the necessary forms to be completed and submitted to HMRC together with any payment.