Stamp Duty mitigation planning to significantly reduce the cost of UK residential or commercial property. We help people buying property all over the UK to minimise Stamp Duty Land Tax on residential and commercial property. If you are looking at purchasing a new home or business premises over £500,000, contact us today by completing the form on the right
Our network of UK-based tax specialists are experienced in informing individuals and businesses on the most efficient methods of purchasing property. We only work with planning specialists who offer fully legal strategies approved by the UK's top tax QCs. Insurance is available on all planning. Conveyancing available.
Purchasing a commercial property - be it an office, shop, warehouse or something else - is an exciting step for any business; however, it's important to be fully aware of all the costs that are involved in the process. That way, you can be confident you are paying a fair price for the development - or developments - you buy.
Buying your first home can be a complex process, but you can make things much easier by taking the time to fully understand every part of the process. One key area you should certainly make the effort to research is that of stamp duty.
Stamp duty is charged on commercial property purchases as well as residential deals, so it is important that businesses are aware of the rates and the ways that they could possibly reduce the amount they have to pay.
Residential stamp duty can add a significant amount to the overall cost of buying a home, so you must be aware of how it works and how much you could have to pay. Rates increase the higher up the price ladder the property is.
The zero-carbon home relief from stamp duty will soon expire, meaning that many people will fail to make the deadline. However, you could still avoid stamp duty by bringing in the services of a mitigation firm.
Charities are one of the few businesses that can avoid paying commercial stamp duty when they purchase new premises. While concessions exist, there are certain criteria that must be met before a charity can mitigate stamp duty.
If you are keen to enter the buy-to-let sector and build up a property portfolio, you can reduce the amount of stamp duty you have to pay. The multiple dwellings relief can save you a significant sum on your stamp duty, so you must be aware of it.
If you want to reduce your impact on the environment and avoid stamp duty land tax, why not consider buying a zero-carbon home? If it costs under £500,000, you can avoid paying stamp duty altogether. If it is above, you can get a reduction of £15,000.
In March, the stamp duty holiday for first-time buyers purchasing property below the £250,000 threshold was abolished, meaning they had to pay the same rates as everybody else. Has the removal of the holiday had an impact on the market?
The month of March saw the number of £2 million homes sold in the UK plummet by more than 40 per cent. Has the Chancellor George Osborne's seven per cent rate of stamp duty killed the goose that laid the golden eggs?
Stamp duty can apply when a property is transferred to you and it is important that you are aware of how this system works. Not all transfers incur stamp duty, such as in divorce proceedings, however, it may apply if you are left a property as a gift.
If you want to relocate to larger premises, you need to know about commercial stamp duty. Different rates apply than with residential property, however, like residential buyers, you could potentially benefit from stamp duty mitigation.
The Scotland Bill was recently given Royal Assent, meaning it will become the Scotland Act 2012. The legislation gives the Scottish government the power to set interest rates, borrow more money and decide stamp duty rates on property transactions.
When choosing a stamp duty mitigation company, it is vital that they have a 100 per cent record of defending their mitigation schemes against HMRC investigations. HMRC can and will investigate schemes it feels are not fit for purpose.
Stamp duty mitigation schemes could potentially save you thousands of pounds and in these difficult times, that money can alleviate some of the financial stress you may be under. Various firms offer mitigation services, so you have plenty of choice.
The stamp duty holiday for first-time buyers introduced by the Labour government was not extended by the coalition government, who had a different way forward with regards to helping people get a foot on the property ladder.
The Chancellor George Osborne announced some major changes to stamp duty land tax for residential purchases, but what did he have to say about commercial stamp duty? If you plan on moving to new premises, you need to know what the situation is.
A stamp duty mitigation company should be able to demonstrate a strong track record of success and devise schemes that will not impact on your ability to obtain a mortgage. In addition, the plans should be deemed non-aggressive by HMRC.
Some major announcements were made in the Chancellor's Budget for 2012, with stamp duty one of the areas given most attention. If you are a first-time buyer or intend to purchase a home worth more than £2 million, you need to be aware of the changes.
With the stamp duty holiday for first-time buyers set to expire at the end of the month, you need to think about a plan of action in case it is not extended. Stamp duty planning could save you a significant amount or help you avoid SDLT altogether.
As a first-time buyer, there are exemptions in place that mean you do not have to pay stamp duty land tax when you buy a property. If the home you are buying is valued below £250,000, stamp duty land tax does not apply.
Stamp duty is something you need to be 100 per cent clear on, as you may be able to reduce your bill or avoid it altogether. There are several exemptions that exist, with first-time buyers excused the tax if they buy a home worth less than £250,001.
Stamp duty has been in existence for over 300 years, going back to the reign of William and Mary. It is important to understand where stamp duty came from and how it has evolved over the years to become the tax that it is today.
Stamp duty can add tens of thousands of pounds to a commercial property purchase, which is money that can be reinvested in the business. To see if you can reduce or avoid SDLT, it may be worth speaking to a stamp duty mitigation firm.
If there is the possibility that you could avoid stamp duty land tax or pay a reduced amount, why not explore it? Stamp duty mitigation could potentially save you thousands, giving you money to spend on furniture and other items for your new home.
Stamp duty land tax is payable on commercial properties and residential properties. However, there may be scope for you to avoid or significantly reduce the amount you have to pay and speaking with a tax adviser can help you explore your options.
It is important that you know about Stamp Duty Land Tax and how it is calculated so you know how much you will owe or whether you are exempt from the tax. There are several factors you need to be aware of when working out how much you have to pay.
If you are looking for ways to reduce stamp duty on the property you are hoping to purchase, you may have come across mitigation schemes. However, should you be considering such an option in order to save money, there are a few things you must check for.
First-time buyers in the UK are currently enjoying an exemption from stamp duty - but what exactly does this mean? Well, if you are such a buyer it could be something that saves you a sizeable sum when you invest in a new home - to find out why, read on.
If you are in the process of buying a property, you may be keen to get the best deal possible. If this is the case it might be worthwhile considering a stamp duty mitigation scheme, but what exactly does such an initiative entail? Read on to find out.
If you are about to embark on a search for a new home, you may be keen to learn how to avoid stamp duty. This is a tax that must be paid upon the sale of any residential or commercial building in the UK, with just a few exceptions.
If you are purchasing a property for non-residential use, you will need to get to grips with commercial stamp duty.
Buying a first home is one of the biggest moments of a person's life, but whatever number property you are on this purchase is one of the most costly things you will ever do. However, with a little preparation and research, such as stamp duty planning, there are ways you can save a little cash.
Whatever reason you may have for wanting to sell a business, there are many things that you will need to consider before the transaction can go ahead. However, perhaps one of the most important factors that you will have to bear in mind is the issue of commercial stamp duty.
If you're planning to purchase a commercial property, your immediate concerns may be finding the correct location and staying within your allocated budget. However, stamp duty land tax is another crucial consideration with this kind of transaction - but what exactly makes it so important?