Stamp Duty Land Tax (or SDLT) is a tax charged on UK property purchases and is calculated using a range of percentages based on ‘slices’ of the price paid for the property. This in itself may seem complicated, but that's just the start of the complexity involved in calculating your SDLT liability. Every year, thousands of buyers overpay their SDLT on residential, BTL and commercial purchases. Thanks to the complexity, there are misclassifications of property and a lack of awareness of relevant exceptions which may apply.
These misclassifications of property and a lack of awareness of relevant exceptions, mean that thousands of buyers overpay their SDLT on residential, BTL and commercial purchases every year.
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