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SDLT HMRC Refund
bobster316
Posts: 29 Forumite
I received a letter from a company advising they would act on my behalf stating "Potential Stamp Tax Refund"
I recently moved home and purchased the new house in Oct 2022. Just wanted to know if this is correct i.e. recover some of the stanp duty paid,
Also is this something I can do myself?
Thanks
I recently moved home and purchased the new house in Oct 2022. Just wanted to know if this is correct i.e. recover some of the stanp duty paid,
Also is this something I can do myself?
Thanks
0
Comments
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You paid higher rate stamp duty? There are circumstances in which this can be reclaimed - or rather, the portion over and above the standard rate, can. Don't pay a company to claim it for you though - it's a fairly straightforward process if you meet the criteria!bobster316 said:I received a letter from a company advising they would act on my behalf stating "Potential Stamp Tax Refund"
I recently moved home and purchased the new house in Oct 2022. Just wanted to know if this is correct i.e. recover some of the stanp duty paid,
Also is this something I can do myself?
Thanks
Edit to add link: https://www.gov.uk/government/publications/stamp-duty-land-tax-apply-for-a-repayment-of-the-higher-rates-for-additional-properties🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
Why would you ever use a company that made an unsolicited contact?
Why do you think you might be due a SDLT refund?
https://www.gov.uk/government/news/new-homeowners-warned-over-tax-refund-claims2 -
I was not aware that this process existed. just needed clarifiafion.0
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Perhaps the particulars of sale for new house say that it has an annexe?bobster316 said:I received a letter from a company advising they would act on my behalf stating "Potential Stamp Tax Refund"
I recently moved home and purchased the new house in Oct 2022. Just wanted to know if this is correct i.e. recover some of the stanp duty paid,
Also is this something I can do myself?
Thanks0 -
Provided you are entitled to a (partial) refund, no reason not to claim it yourself.
Or if in doubt, ask the conveyancer you used at the time.1 -
We need clarification of why you might be entitled to a refund in order to give you any useful advice...bobster316 said:I was not aware that this process existed. just needed clarifiafion.2
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