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Buying second home stamp duty

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Comments

  • martindow
    martindow Posts: 10,699 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Where are your parents in all of this? They appear to be homeless!


    Deprivation of assets could be an issue for them in the future if they need care.
  • kinger101
    kinger101 Posts: 6,779 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    agrinnall wrote: »
    This article (admittedly from 2 years ago) suggests otherwise.


    https://kb.taxcalc.com/2252

    Those are the rules for chargeable gains. It might be relevant to the scenario here (along with IHT), but the question was about SDLT. In this instance, only the consideration is important.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    kinger101 wrote: »
    Those are the rules for chargeable gains. It might be relevant to the scenario here (along with IHT), but the question was about SDLT. In this instance, only the consideration is important.


    Ah, very true, I think I had somehow got it into my head that the original question was about CGT, which of course it wasn't.
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