Stamp Duty Land Tax (SDLT) Advice

Stamp Duty Land Tax (SDLT) is a significant cost in property transactions that requires expert management. SDLT calculations can be complex, and various reliefs and exemptions are available that can significantly reduce SDLT liabilities. Acumon's SDLT service provides expert advice to minimise SDLT costs and ensure compliance.

Our team includes tax specialists with extensive experience in SDLT, including residential and commercial property transactions, SDLT reliefs, and SDLT planning strategies. We understand the complexities of SDLT legislation and can help individuals and businesses optimise their SDLT position.

Accurate SDLT calculations and timely compliance are essential. Our service includes:

• SDLT Calculations: Accurate calculation of SDLT liabilities for residential and commercial property transactions
• SDLT Returns: Preparation and submission of SDLT returns to HMRC within required deadlines
• Multiple Dwellings Relief: Application of multiple dwellings relief where multiple properties are acquired
• Mixed-Use Property: Analysis of mixed-use property transactions to determine appropriate SDLT treatment
• Lease Premium Calculations: Calculation of SDLT on lease premiums and rent, including net present value calculations
• SDLT Compliance Reviews: Reviews of SDLT compliance to identify errors and opportunities for refunds

Various SDLT reliefs and exemptions are available that can significantly reduce SDLT liabilities. Our service includes:

• First-Time Buyer Relief: Application of first-time buyer relief for qualifying residential property purchases
• Multiple Dwellings Relief: Application of multiple dwellings relief for purchases of multiple residential properties
• Charity Relief: Application of charity relief for property purchases by qualifying charities
• Registered Social Landlord Relief: Application of relief for registered social landlords
• Group Relief: Application of group relief for intra-group property transfers
• Reconstruction Relief: Application of reconstruction relief for company reconstructions
• Acquisition Relief: Application of acquisition relief for company acquisitions

Strategic SDLT planning can significantly reduce SDLT costs. Our planning service includes:

• Transaction Structure: Structuring of property transactions to minimise SDLT liabilities through use of appropriate reliefs
• Timing Optimisation: Strategic timing of property transactions to maximise available reliefs and exemptions
• Multiple Property Purchases: Planning of multiple property purchases to maximise multiple dwellings relief
• Group Planning: Use of group structures to access group relief and other SDLT benefits
• Lease Structuring: Structuring of leases to optimise SDLT treatment of lease premiums and rent

Where SDLT has been overpaid or incorrectly calculated, refunds may be available. Our service includes:

• SDLT Refund Claims: Preparation and submission of SDLT refund claims where overpayments have occurred
• HMRC Enquiry Support: Representation and support during HMRC SDLT enquiries
• Appeal Support: Support for appeals against HMRC SDLT assessments
• Compliance Reviews: Reviews of past SDLT returns to identify opportunities for refunds