Stamp Duty Land Tax (SDLT) overpayment is rife among property developers – claim your refund before it’s too late.May 08, 2019
Having worked with many property developers, we have found that many are unaware of the various Stamp Duty Land Tax (SDLT) exemptions and reliefs available to them. This has resulted in an overpayment of tax.
As SDLT experts we offer a service whereby we review past purchases to make sure that any overpayment is identified and a refund claimed on your behalf.
HMRC apply strict timelines to claiming refunds, usually 12 months, extending to 4 years in certain cases, after this time any overpayment will be forfeited.
So, if in the past four years you have purchased a:
- Probate property
- Property where the chain has broken down
- Property where the vendor is relocating due to their employment
- Property where the vendor is purchasing a new build
- Derelict property
- Mixed use property
- Purchased more than one property at the same time
Then it is possible that you have overpaid SDLT.
We offer a no win no fee review of past purchases to check whether you have overpaid SDLT and claim a refund on your behalf.