Stamp Duties Flashcards

1
Q

How is stamp duty land tax handed?

A

Through self asseament but generally by the solicitor handeling the conveyancing.

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2
Q

How long after the payment for the property is SDLT due?

A

14 days from effective date of transaction.

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3
Q

What is SDLT known as in Scotland and Wales?

A

Land and Buildings Transactions (Scotland)

Land transactions tax (Wales) (No first time buyers)

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