Stamp Duty Refund?

Matt83UK_2

I been told (2nd hand info) that certain households on the estate, have been able to reclaim stamp duty cheque from the Inland Revenue. It's a new estate, built by Persimmon, I can't find any info on this? I guess I should go chat face to face with those that apparently have done so, but would feel a bit cheeky.

greenwich

Stamp duty is a tax. HM Revenue and Customs would only be able to refund it only if there were a statutory power for them to do so. I don't believe there is any such power. What's probably happened is that Persimmon have done a marketing gimmick, i.e. they have reduced the price of their houses but marketed it as if they were refunding the stamp duty. I often see stores advertising goods with the marketing line "We pay your VAT". It's just a sale in disguise.

Matt83UK_2

They're already paying the stamp duty, thought maybe I could get what it back somehow and into my pocket.

Weird eh, it was the sales negiotator that told me this a few days later, trying to think of logic behind saying such.

akh43

I don't know whether this is what you are looking for. You may be covered by the 'disadvantaged area' exemption, try looking on the Inland revenue website and putting in stamp duty exemption. You put your postcode in and it tells you if you are covered.

I bought my house nearly four years ago and paid £850 stamp duty. I read the following year about this exemption, put in my postcode and found it applied to me.

It took about 2 months in all but I got my stamp duty back, plus about £15 for interest.

Hope this helps.

greenwich

akh43 wrote:

You may be covered by the 'disadvantaged area' exemption, try looking on the Inland revenue website and putting in stamp duty exemption.

http://www.hmrc.gov.uk/so/dis_relief_menu.htm

*Sparkle*_3

Hi,

i brought my NEW flat 3 years ago, and i paid stamp duty £1175 to be exact. I recently found out it is in the excempt disadvantaged area.
Now i contacted the inland revenue and they said yes my area is in the disadvantaged area but as its been over 2 years they cannot give a refund!!!
Which i was really angery about and now i'm trying to reclaim it off my solicitor.

So akh43 how did you get yours back after 4 years???

bylromarha

So Persimmon paid the stamp duty, and they are allowing you to claim it back, even though you didn't pay it?

How on earth would this work?!

I'd go and ring on the neighbours bell and ask if they had. Not only could you save some money, but you'll make a new friend in the process!

Matt83UK_2

Well stamp duty is in theory paid by you/your solicitors, it's just deduceted off the completion amount, so it's like an extra discount.

greenwich

*Sparkle* wrote:

now i'm trying to reclaim it off my solicitor.

If your property was in the exempt area at the time you bought it and it satisfied all the rules for the exemption and your solicitor went ahead and paid the stamp duty then you have a cast-iron claim against him/her, so I would certainly pursue this.

akh43

Sparkle, i got mine back approximately 18 months after I purchased my house. I was advised by the Inland Revenue to go back through my original solicitor (who knew nothing about it the scheme) so I took him the Daily Mail article. It took a couple of months and my solicitor did not charge me. I was originally offered what I paid, £850, but as I had read in the Daily Mail article about claiming back interest I asked my solicitor to try for this. They offered me £15, which I am sure was not the full interest, but I was just happy to get anything back.

I would definitely go back to your solicitor and try to claim from him.

Hope this helps you.

*Sparkle*_3

Hi thanks for your reply.

Yes i have contacted my solicitor but as usual she is taking ages!
I will try and claim it back from her,under the reason that she was negligent, its so fustrating because i really need the cash at the mo.
And if it was the other way around the inland revenue would be chasing me for years!