Overpaid stamp duty land tax is common for several reasons. The 2016 changes to stamp duty cover the majority of properties but very few professionals are aware of these and the public even less so. There are also some serious shortcomings in the HMRC SDLT tax calculator, which is designed to only serve as a ‘mere guide’. If you used the HMRC tax calculator during this period you may have overpaid tax and therefore be entitled to an SDLT refund.
If you have already completed your land and buildings transaction, you may be entitled to a Stamp Duty Land Tax Refund. Reclaiming SDLT can be complicated for both individuals and businesses, because of the various legislation surrounding the process.
Navigating the Stamp Duty Land Tax refund landscape is best done with the advice and help of a professional. Based in the West Midlands, CapEx Associates can help you claim SDLT for personal and business properties across the UK.
This complex area leads to confusion, as the surcharge may not apply to you . Our advisors can see if this can be reclaimed.
HMRC has seen a spike of inquiries into corporate purchases of residential properties over £500,000 as questions around the rate of SDLT has risen. It’s possible that your business didn’t have to pay this and it might be eligible for a Stamp Duty Land Tax refund.
Not all SDLT charges are obvious when completing a land deal and there are some which you likely overpaid on. If you have overpaid stamp duty, our team can find this for you. The next step will then be to help you reclaim SDLT, and put your financials in order.
“Fourth year of claiming and every year it gets 'more painless' and smooth with less disruption to the business.”
“Very simple, a no-nonsense process which resulted in a very welcome injection of cash!”
“Very happy with the service. It’s so important to have the heavy lifting done by Cap Ex Associates Tax Ltd so we could concentrate on running the business”
We document the latest updates on stamp duty land tax.
With over 25 years of experience, we have helped clients big and small to claim government money through funding, reclaims, and relief.