Stamp Duty Land Tax
The Legal Position
In this ruling a couple took HMRC to court. They challenged the recent April 2016 Stamp Duty surcharge on second properties and they won! They successfully claimed back £6,000 on a £200,000 property. Their argument was that based on their property needing some works after completion, it should not have been considered fit for use as a dwelling at the time of purchase and therefore they shouldn’t have paid the Stamp Duty Land Tax surcharge. The judge agreed with them.
Who is Eligible
Damp
Mould
Leaks
Kitchen
Bathroom
Electrics
Structural
Other
Our Process
We begin with a thorough consultation to understand your specific situation and determine your eligibility for an SDLT refund.
We assist you in gathering all necessary documents and information
required to support your claim.
Our team prepares a comprehensive report detailing the basis of your claim, ensuring all aspects are thoroughly documented.
We submit the claim to HMRC on your behalf and handle all subsequent communications and follow-ups, keeping you informed at every step.
Why Choose us?
No-Win, No-Fee Policy:
Our services are designed to be risk-free for our clients. We operate on a no-win, no-fee basis, meaning you incur no financial risk. If we don’t succeed in reclaiming your SDLT, you owe us nothing.
Proven Success Rate:
With a 97% success rate, our track record speaks for itself. We have successfully reclaimed over £2 million in SDLT for our clients, demonstrating our effectiveness and expertise in this specialised field.
Comprehensive Case Management:
We handle every aspect of the SDLT reclaim process. From the initial consultation and document collection to preparing detailed reports and liaising with HMRC on your behalf, we manage it all.
Why Choose Us?
Expertise and Experience:
Our team comprises seasoned professionals with extensive knowledge and experience in SDLT regulations and the reclaim process.
Client-Centric Approach:
We prioritize our client’s needs, offering personalized and attentive service to ensure the best possible outcome for your SDLT reclaim.
Transparency and Trust:
We believe in maintaining open and transparent communication with our clients. You will be kept informed throughout the entire process, from the initial consultation to the final resolution of your claim.
Our Commitment
We are dedicated to providing exceptional service and achieving the best possible results for our clients. Our commitment to excellence and client satisfaction sets us apart as a leading provider of SDLT reclaims services.
FAQs
Stamp Duty Land Tax (SDLT) is a tax on property purchases in England and Northern Ireland over a certain price threshold. It applies to both freehold and leasehold properties, whether bought outright or with a mortgage. Different rates and exemptions apply for first-time buyers, second homes, and properties in Scotland and Wales.
You may be eligible for a refund if you bought a residential property and it had significant defects at the time of purchase. These defects must meet specific criteria based on case law.
A property is considered uninhabitable if it has severe issues such as unsafe electrical systems, significant structural problems, or lacks essential utilities like water or heating. Other factors include health and safety hazards, the presence of asbestos, major roof leaks, and more.
We have a proven track record, of working with chartered surveyors, tax consultants, and solicitors. Our no-win, no-fee policy and free, no-obligation assessments ensure you face no financial risk.
You can claim a refund for properties purchased within the last four years.
The process typically takes between 15 to 25 working days from the date of submission.
The refund amount varies based on the property’s value and the stamp duty paid. Typically, claims range from 60% to 100% of the total stamp duty paid.