Any Conveyancing Solicitors here
Discussion
I've done a fair bit of internet searching and I think I've found a loophole in SDLT but I would like to know from someone who knows for sure.
As far as I can tell from here https://www.gov.uk/stamp-duty-land-tax-online-retu... it appears that if you pay your SDLT up to 12 months late the penalty is £200. So with a decent 6 figure sized stamp duty it is almost worth not paying it and putting the money to good use for 12 months and then paying up.
Have I missed something glaringly obvious?
As far as I can tell from here https://www.gov.uk/stamp-duty-land-tax-online-retu... it appears that if you pay your SDLT up to 12 months late the penalty is £200. So with a decent 6 figure sized stamp duty it is almost worth not paying it and putting the money to good use for 12 months and then paying up.
Have I missed something glaringly obvious?
Gassing Station | Finance | Top of Page | What's New | My Stuff