Stamp Duty Land Tax
Taxation Services
You pay Stamp Duty Land Tax on the purchase of property or land over a certain price in England & Wales.
It is an additional tax when you purchase an asset and this forms part of the base cost if you dispose of the asset.
Stamp Duty Land Tax can be charged on the purchase of the following:
- Shares
- Freehold property
- New or existing leasehold
- Property through a share ownership scheme
- Transferred land or property in exchange for payment
There are thresholds when you start to pay Stamp Duty Land Tax.
It is a complex area and we work with your legal team to ascertain the tax due and if any reliefs are available to you.