Stamp duty refund via Limited Company?Make Text Bigger
My hubby and I were unable to sell our residential property (1) before buying our new residential home (2) so we therefore paid an extra £11k in stamp duty because of the second home rule.
In the meantime we’ve rented out property (1).
We always planned to sell (1) before the three year mark, and claim back the extra stamp duty we paid.
This morning I had a thought that I don’t know the answer to: If we set up a limited company that purchases property (1) from us – and pays stamp duty on it – could we then claim back the extra stamp duty paid on property (2).
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