We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Stamp duty refund
Needtoknowstampduty
Posts: 2 Newbie
Hi
Need some advice .
Before my wife and I met we had our own properties . We then moved into her house in 2010 and rented my flat out. Her house was classed as both our main residences for council tax etc. November 2013 we sold her house and moved into rental accommodation .
July 2016 we bought our new home . When we bought the house last year , we were told we had to pay the higher rate SDLT, as I had my flat still . I have just agreed a sale price for the flat and all being well it will be sold by the end of the month
Various websites / people have given me differing information. So I've got 2 questions
1. Did I have to pay the higher rate tax in the first place
2. Would I be able to claim a refund for the higher rate stamp duty. The key issue is it seems we sold our main residence and bought a new residence within 3 years
Cheers
Need some advice .
Before my wife and I met we had our own properties . We then moved into her house in 2010 and rented my flat out. Her house was classed as both our main residences for council tax etc. November 2013 we sold her house and moved into rental accommodation .
July 2016 we bought our new home . When we bought the house last year , we were told we had to pay the higher rate SDLT, as I had my flat still . I have just agreed a sale price for the flat and all being well it will be sold by the end of the month
Various websites / people have given me differing information. So I've got 2 questions
1. Did I have to pay the higher rate tax in the first place
2. Would I be able to claim a refund for the higher rate stamp duty. The key issue is it seems we sold our main residence and bought a new residence within 3 years
Cheers
0
Comments
-
Please read HMRC's Guidance Note on the subject and if you still require help then come back for clarification.0
-
When did you marry?
Looks like you bought in July 2016 within 3 years of selling your main residence. So shouldn't have paid the extra 3% in the first place?0 -
Thanks Pixie
Andrew ... we've been married nearly nine years . It's the 3 year rule where we think we were badly advised by our solicitor . The more I read into this the more I think we shouldn't have paid .0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards