Giving early consideration to how SDLT will apply to your transactions and thinking about this can be structured can save significant amounts of money.
It may also be good to check to see if there are any reliefs that have not been claimed as a worthwhile exercise to see if you can reduce the amount of SDLT to be paid by your business.
In common with indirect taxes the UK government has realised the revenue raising ability of this tax and over a number of years and successive governments the rules have gradually become more and more complex.
Our tax expertise combined with our property specialism means that we have reviewed a wide range of land transactions which the new rules apply to. We have noticed that the rules can be misunderstood and we have been successful in obtaining large repayments of over-paid stamp duty from HMRC.