ASHBY NEWTON
leading stamp duty land tax and land transaction tax specialists
let our experience be yours
We are Stamp Duty specialists with nearly 8 years of experience of helping homeowners recover overpaid Stamp Duty and Land Transaction Tax. To date we have been involved in helping to recover over £40m from HMRC and WRA, paid directly back to people like you and all on a no-win no-fee basis.
As trusted specialists in this field, we will only make claims that align with the latest HMRC and WRA guidance and we adhere to HMRC’s “the standard for agents”. We always insist that any overpayment is sent directly to you and what’s more, our highly competitive fee is only ever payable once you have received your refund.
chattels - overpayment due to items left behind
It is quite surprising how many items are left behind by your seller and part of the purchase price. sometimes, these are negotiated separately but more often than not, they are not adjusted on the Purchase contract and so SDLT and LTT are overpaid.
HMRC are quite clear in their guidance that this is available and can be s significant amount of money.
Generally, the price you pay when you purchase a property is not adjusted to reflect items left behind by the seller (for example carpets and curtains to name just a few), meaning the price used to calculate SDLT or LTT would be incorrect, leading to large sums of money being overpaid.
HMRC guidance can be found by looking at SDLTM04010 on HMRC’s website.
multiple dwellings relief (“MDR”)
This relief can be retrospectively applied to purchases where there is more than one dwelling. These include houses with annexes, separate flats, secondary accommodation, holiday lets etc.
If any of these describe your purchase and this was in the last 12 months, complete our short questionnaire by clicking on the button and we will give a free of charge assessment of your position.
If Multiple Dwellings Relief is not applied or applied incorrectly, it can result in a significant overpayment of SDLT and LTT.
By completing the short questionnaire, we will be able to give you an honest and transparent appraisal of your situation and how we can affect a speedy recovery.
3% SUrcharge on a second home - have you reclaimed?
There are strict deadlines by which a reclaim for the higher rate surcharge need to be made.
By completing the 3% HRAD (Higher Rate on Additional Dwellings) questionnaire, we will be able to quickly establish if a reclaim can be made and put this into action for you.
Did you have to pay the higher rate of SDLT/LTT when you purchased your latest property because you had not sold your previous main residence?
If you have now sold your previous main residence and are in time to receive the 3% additional SDLT/LTT, we can make sure you receive the refund back from HMRC/WRA.