Today news
About the same in other media
Will I have to pay higher-rate stamp duty if I keep a rental flat?
Reading now: 688
Q I bought a flat in 2016 and lived there for a couple of years. I then got married in 2018 and moved in to my husband’s house, which he’d bought in 2015 and which remains solely in his name. I’ve been renting out my flat ever since. We now plan to sell the house we live in and buy a new one. If I keep my rental flat will I be liable for higher rates of stamp duty?NA
A No, I don’t think that you will be liable for the higher rate of stamp duty land tax (SDLT) and this is why. As luck would have it, I came across an illuminating example in HM Revenue and Customs’ (HMRC) online Stamp Duty Land Tax Manual which describes your situation almost exactly (if it weren’t for the fact that it’s the husband who has the rental property and they both
Read more on theguardian.comAbout this in other media
Where voters and consumers lead on the climate crisis, businesses will have to follow theguardian.com /3 years ago
Labour will stop the UK being used as a haven for illicit money. Here’s how theguardian.com /3 years ago
IOTA will keep busy in last quarter, to focus on DLT standardization ambcrypto.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
