Change to Stamp Duty Land Tax – IMPORTANT UPDATE

SDLT is from the 4 December 2014 to be charged at different rates depending on the portion of the purchase price that falls into each rate band. Before 4 December 2014, SDLT was charged as a single percentage of the property price.

See this link for further information on the rate change –
https://www.gov.uk/stamp-duty-land-tax-rates

Use this helpful calculator to work out your new stamp duty amount as a comparison to the previous rate
http://www.hmrc.gov.uk/tools/sdlt/land-and-property.htm

Contact us for advice on 0207 802 4802.

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