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Stamp duty loop hole

I'm currently in the early stages of moving house. My husband is insistant on persuing this Stamp duty loop hole thing. Does anyone know anything about it?
He has been contacted today by Universal Planning Services.

Thank you. x
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Comments

  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If you're a joint owner, and this 'loophole' turns out to be tax fraud, where will that leave you?
  • mynameisdave
    mynameisdave Posts: 1,284 Forumite
    A company that can help you avoid a tax that is paid through a solicitor to the treasury and they don't appear to have a website.

    I know what decision I'd make.
  • Bananamana
    Bananamana Posts: 246 Forumite
    edited 22 July 2010 at 9:33PM
    Tax fraud - just remember kids its only illegal if you get caught

    oh wait...
  • Bananamana
    Bananamana Posts: 246 Forumite
    what are they saying this "loop hole" is?
  • N79
    N79 Posts: 2,615 Forumite
    I suspect that they won't say until a non disclosure agreement is signed by the OP and their solictors.......
  • arby
    arby Posts: 173 Forumite
    how about your husband as a first-time buyer? has be been the owner of a house in the last few years? Anything other than this and you're asking a really dumb question.
  • You pay a tax advisor and they somehow manage to avoid stamp duty. It all sounds dodgy to me. My husband has also instructed Arc solicitors, anyone had any good / bad experiences?
  • Bananamana
    Bananamana Posts: 246 Forumite
    edited 22 July 2010 at 10:43PM
    Sarcasm aside the whole thing sounds like a con. Proceed very carefully. Have they given you any idea how the supposed "system" purportedly works? AVOID
  • zzzLazyDaisy
    zzzLazyDaisy Posts: 12,497 Forumite
    Part of the Furniture Combo Breaker
    This question crops up with monotonous regularity. There is no loophole. There are, however, plenty of people who are willing to take advantage of others greed/naivity.

    Please, give them a wide berth.

    Daisy
    I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.
  • sharkie
    sharkie Posts: 624 Forumite
    edited 22 July 2010 at 11:12PM
    .... There is no loophole....

    True i suppose, but you could always give £10000 for that oven and literally it can cost £2000+ to have bespoke lounge curtains made etc. ;)
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