SDLT Payment Pressures

May 21, 2019

As of 31 March 2019, SDLT is now due for payment 14 days after the completion of the transaction.

Given the cashflow pressures of this it will be more important than ever to get the SDLT liability right and take advantage of any reliefs available.

Multiple Dwellings Relief can be available in circumstances where residential properties are bought with annexes or self-contained granny flats and the 3% SDLT surcharge on additional residential property purchases is not always applicable if the interest acquired does not fall within the definition of a ‘dwelling.’

SDLT is not always as straightforward as a number that is quoted on completion.

Our tax experts can assist with this so please do not hesitate to contact us.

More posts you might like

Vacancy for Marketing Manager

Vacancy for Marketing Manager

Are you a creative, strategic thinker with a passion for content, communications, and brand? Bates Weston, a leading independent accountancy firm in Derby, is looking for a Marketing Manager to take the lead in telling our story – and helping our clients understand the value we bring.

read more
Spring Statement Summary 2025

Spring Statement Summary 2025

A summary of the Spring Statement 2025 and the main changes that come into effect from April 2025 and beyond. The changes were announced well ahead of the Spring Budget.

read more
Xero Platinum partner logo
ICAEW logo

Looking to grow? Take the next step

From compliance to growth, our accounting firm in Derby has you covered. Call us to see how we can help.

Got a query?
We’re here to help – just ask