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If you have paid the additional 3% SDLT on the purchase of a second property worldwide and within three years of that second purchase, you sell your previous main residence, you can request a refund of the additional 3% SDLT paid. This is done by simply obtaining the SDLT 5 certificate from your solicitor who initially dealt with the purchase of the property giving rise to the 3% SDLT surcharge and completing the refund form ‘SDLT – Request for a repayment of the higher rates on additional residential properties’ (see links below).
Peter undertook business studies at Kingston University after leaving school and then accepted a place working for the Inland Revenue, working firstly at Walton on Thames and then promoted and relocated to Richmond. He was then offered a job with Wilkinson Latham, a small firm of Chartered Accountants, where he had worked for over 27 years and finally became a partner, before joining the tax team at WSM in 2014. In his spare time, you may occasionally find him at Box Hill with his beloved Classic Dragstar Motorbike.
The most recent government news announced by the Chancellor in the last Budget confirmed details of the next steps in the self-employment income...
To support the UK economy to recover from the effects of the pandemic, businesses which have incurred trading losses in financial years 2020-21 and...
There is extended relief for corporate losses arising for limited companies in accounting periods that end between 1 April 2020 and 31 March 2022.
