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Saturday 17th February 2018

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Total Number of Property118 Comments: 1


15:42 PM, 17th February 2018
About 3 years ago

HMRC to clarify Stamp Duty Surcharge rules finally

This issue is really confusing and does need clearing up.

My wife and I (both high rate tax payers) currently own our own home. We would like to transfer the home into a Limited company to rent out and s purchase a new main home.

My mortgage broker has advised that I will be liable for the additional 3% on both properties whilst my accountant has advised that i will only be liable for the additional 3% on the property that i am transferring into the company.

i sought advice from a second accountant who advised i would be liable for tge additional stamp on both.

This has left us really confused.... Read More