Stamp Duty Form

Voyager2002

CB1979 wrote:

how easy is it to fill this form out?

i have got the notes, etc but looks a little confusing.

I begrudge giving my solicitor £100 for her to fill it out for what amoounts to about 5 mins "work", or is it £100 well spent?

just a leasehold flat purchased for £167,000.

any help much appreciated!

Chris

Well, when I bought my house a couple of years ago, my solicitor only wanted 25 pounds (plus VAT) for doing this. Instead, I insisted on doing it myself, and certainly believe that I made the right decision. I would not pay even 25 pounds to avoid that little work, far less 50 or 100!

The main point is, you have to get everything right and return it on time or you face penalties. And getting things right means you MUST follow the guidance notes, since there are particular codes that you use for your answers. If that worries you, then pay up and avoid the responsibility. But if you are willing to get to grips with it then it is really pretty sraightforward.

klaatu

There's a sample SDLT1 form here:

http://www.hmrc.gov.uk/so/sdlt1-sample.pdf