Stamp Duty Land Tax (SDLT) is a tax on property transactions, including purchases and leases above a certain threshold.
If you are buying or transferring land or property, we can provide a tailor-made solution to reduce the amount of tax that you are required to pay.
Every land and property transfer has a ‘chargeable consideration’, which includes the money, goods and services exchanged for the property, such as release from a debt or the transferal of an existing mortgage.
Your chargeable consideration will also depend on whether the land or property is residential, non-residential or mixed, freehold or leasehold, linked with other transactions, and whether or not it is located in a disadvantaged area.
On residential properties, the tax is a percentage of the chargeable consideration after applying the relevant SDLT threshold.
We can help to reduce or eliminate your SDLT charges by providing access to certain reliefs and exemptions.