Stamp Duty Land Tax (SDLT) Experts
We advice Individuals, Landlords, Companies, Solicitors, Non-residents and other professionals.
- Claim back additional 3% SDLT surcharge paid to HMRC
- Multiple Dwellings Relief (MDR)
- Reducing SDLT for property developers and builders
- Transfer of property on liquidation of companies
- Advising non-resident individuals and companies
- SDLT on 'mixed use' properties
- Transfers Involving divorce or dissolution of a civil partnership
- HMRC enquiries/investigations
- Claim derelict property
- Transfer of equity
SDLT is often the most misunderstood levy due to the complexity it entails, it was reported in thetimes.co.uk “As many as one in six property transactions could be being calculated incorrectly by solicitors - potentially at a cost of £2 billion - because the stamp duty system has become too complicated, and lawyers are often inadvertently given the wrong information about properties”.
In total, there are 49 different reliefs, exceptions and exemptions which apply to SDLT. Our team of SDLT experts are here to help you accurately determine the impact of SDLT on the purchase of land or property. They will also help you identify potential ways to reduce the exposure of SDLT and help you claim refund when it is applicable.
In some cases, our clients and professionals come to us to seek second opinion to determine if the right of amount of SDLT has been calculated per the statute and assist with the reclaim process due to the risk of HMRC enquiry is high in this area.
Our SDLT experts can also assist you in dealing with HMRC enquiries and investigations.
Example 1 - Property development company saved £29k on stamp duty
A property development company bought a house for £900k with planning permission to convert it into residential flats and paid £62k in SDLT. We advised that multiple dwelling relief should be available and refiled with HMRC who confirmed the same and refunded £29k
Example 2 - Save £10k on stamp duty on home purchase
Mr and Mrs Andrews had purchased their main residence for £750k. They were advised to pay £27k in SDLT. After the analysis it was determined that there was an annexe in the property. We were successful in obtaining a refund of £10k
Qualified & Experienced
Fully insured advice
Proactive approach
Transparent service
Reputation for excellence
Our goal is to provide the best service to all our clients, all the time.
Read what
our clients say about us.
I used dns accountants for SDLT calculations and recommendations for a property purchase. I found them...
Read moreDNS has Provided excellent and efficient service for our company accounts and taxation matters. Special thanks...
Read moreI thoroughly recommend booking a consultation with DNS accountants to explore the most tax efficient ways...
Read moreJust used DNS Accountants for the first time. My main point of contact was Owais Bombaywala. He was impressive...
Read more