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Second Property Stamp Duty
BobQ
Posts: 11,181 Forumite
in Cutting tax
Does anyone know exactly how this new stamp duty works? Specifically if I were to buy a second property and arrange for some refurbishment work to be undertaken on it, say moved in to the house three months later, and then sold my current house in which I reside, would I syill have to pay the extra stamp duty?
Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
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Comments
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You would need to pay it but if you sell your main residence within 36 months you can claim it back.0
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HMRC does, and so will you if you read the guide:Does anyone know exactly how this new stamp duty works?
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/509184/GuidanceNote_Final.pdf0 -
HMRC does, and so will you if you read the guide:
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/509184/GuidanceNote_Final.pdf
I might just link to this post every time the same question is asked again (and again, and again, and...).0 -
I might just link to this post every time the same question is asked again (and again, and again, and...).
Sorry for bothering youFew people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0
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