Up to £2 Billion of Stamp Duty is being overpaid each year. Have you been overcharged or are you about to pay too much? It is your legal right to ensure you’re not wasting your money.
Conveyancing solicitors are generally not qualified to give tax advice and will therefore err on the side of caution. For slightly complex cases such as multiple transactions or larger properties with features such as woodlands or annexes there are valid exclusions you should be taking full advantage of. Property developers are particularly susceptible when buying unused plots with or without planning permission.
Conversely your personal residential situation may have changed within the ever lengthening completion window for example where in an additional property has become your main residence.
We work closely with conveyancing solicitors to provide professional tax opinions and calculations they can rely on.