SDLT1 form for first time buyers

Hlsxo

Hi,

I am in the process of buying my first property.

My solicitor has sent me an SDLT1 form to complete and send payment, however, I am a first time buyer and therefore don’t have to pay stamp duty.

Does anyone know if I have to still complete the form and pay anything? I thought not as I am exempt from paying stamp duty.

Thanks in advance

Hannah

HampshireH

Have you read the guidence?

I think you still need to complete it but you state your are claiming 1st time buyer relief.

Your solicitor /gov.uk website can help you

Hasbeen

Hlsxo wrote: »

Hi,

I am in the process of buying my first property.

My solicitor has sent me an SDLT1 form to complete and send payment, however, I am a first time buyer and therefore don’t have to pay stamp duty.

Does anyone know if I have to still complete the form and pay anything? I thought not as I am exempt from paying stamp duty.

Thanks in advance

Hannah

Is the property you are purchasing more than £125000 and if your solicitor is asking for one then complete. As first time buyer you will not pay tax.

00ec25

as above, did you think to read the instructions before coming on here?

what do you not understand about question 9?

https://www.gov.uk/government/publications/sdlt-guide-for-completing-paper-sdlt1-return/guide-for-completing-paper-sdlt1-returns

Question 9 - are you claiming relief?
You must answer this question ‘Yes’ or ‘No’.

If you answer ‘Yes’, you should enter the appropriate reason code in the second part of question 9.

.....
First Time Buyers Relief 32

Hlsxo

Hi,

Yes I did, but I was still confused, hence why I was asking.

Hlsxo

Hi,

Yes it is. I will complete, I was just unsure about the payment as I know we are exempt and the solicitor hadnt mentioned that.

Thanks for your help

kingstreet

Presumably you chose a solicitor who charges for the completion of the return separately, rather than as part of their headline fees and you thought no SDLT means no return to complete or pay for?