What is Stamp Duty Land Tax (SDLT)? What are the rates of Stamp Duty Land Tax (SDLT)?

Stamp Duty Land Tax (SDLT) is paid on the purchase of an interest in land as a percentage of the purchase consideration. Different rates apply according to the type of property and the type of purchaser.

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I wish to ask a question about stamp duty for companies. I don't know if this is the right platform to do so but as you have a section about stamp duty, I thought I would ask.

My question is about the higher rate of 15% where the property price...

I wish to ask a question about stamp duty for companies. I don't know if this is the right platform to do so but as you have a section about stamp duty, I thought I would ask.

My question is about the higher rate of 15% where the property price exceeds £500,000. Can you tell me if this rate applies to the whole purchase price or just the amount in excess of £500,00. In other words, if the property costs £530,000, would the company pay 15% on £530,000 or just £30,000?

Thanks in advance.

Kim

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If you have a tax query, why not go to http://www.VtaxP.co.uk and raise a support ticket.

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