Given the numerous problems associated with calculating SDLT, it is increasingly possible that purchasers’ may be entitled to a Stamp Duty land Tax (SDLT) refund because:
• SDLT is complex, and legislation around it is full of exceptions, exemptions and reliefs, all of which could give rise to a refund of overpaid SDLT.
• Solicitors, lawyers and Conveyance solicitors often find it very hard due to lack of guidance from HMRC and conflicting messages from their regulators to correctly differentiate as to if a property is deemed residential, commercial or mixed-use. If it was incorrectly assessed, there might be an entitlement to an SDLT refund.
• It is now possible to get an SDLT refund from HMRC if it becomes apparent that an incorrect SDLT calculation leading to an overpayment was made.
If you have purchased land or property in the last four years that isn’t considered solely for residential use, you may be entitled to Stamp Duty refunds from HRMC. We can assist you to ascertain whether there is a genuine claim, and then process the case on your behalf. We guarantee that if you have overpaid and are owed Stamp Duty refunds, we will find it. All of our fees are transparent, and we only apply a fixed charge if a refund is due.
So whether you have purchased property or land as a homeowner, investor or developer, complete our online contact form, and we will notify you within 24 hours if you have a claim.