Stamp Duty Land Tax (SDLT) is the tax payable on the purchase of property or land and is applicable to both residential and commercial property purchases.
The increasing complexity of SDLT can make it very difficult to determine the correct rate of SDLT, the amount of consideration which is assessed to SDLT or the amount of SDLT which is payable.
Our specialist SDLT team brings together advisers from legal, tax and accounting backgrounds and who are members of professional property tax interest groups such as the Stamp Taxes Practitioners Group.
We regularly advise a wide range of clients on SDLT issues from property developers to private investors and trustees, to property holding companies and not-for-profit organisations.
By taking a broad approach to your land tax affairs we can advise you on a wide range of property tax issues including VAT recovery on construction costs, VAT liability on purchases and sales of properties, the availability of capital allowances and the application of the construction industry scheme.
We are flexible in our approach and can work directly with you or with land agents and law firms on your behalf.