Have you paid the higher rate of stamp duty when you purchased your main residence? Can you now reclaim the higher rate stamp duty paid? What are the criteria and eligibility? How do you make the claim?
There are many reasons why you may end up paying the higher rate of stamp duty. Whether this is because you kept your old house and let it out or you have other property. You may now be at the point of selling that property to a third party or to your own company. If this is within 3 years you may be able to reclaim the 3% additional stamp duty charge you paid on the original purchase of your main residence.
In this video, you will discover:
When can you reclaim the 3% higher rate of stamp duty?
What are the criteria?
What eligibility rules do you need to be aware of?
What information do you need to know?
How do you complete the HMRC reclaim form?
Are there any considerations to be made?
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DISCLAIMER: Please be advised that the content of my media is my personal opinion and is intended FOR GENERAL INFORMATION PURPOSES ONLY, not specific tax advice. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker. Making decisions on your tax position and investment decision is your own and appropriate specific targeted advice from a qualified accountant or tax advisor should be sort. The speaker will not be held responsible for any losses or gains based on decisions made following watching this video. Always do your own research and seek advice from an appropriately qualified professional.
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26 июл 2024
