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.
📨 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!
Stamp duty on council land
Bike_crazy94
Posts: 2 Newbie
We are looking to purchase some land from a local authority to extend our garden. Council have given the go ahead but unsure if we need to pay stamp duty on the land?
The land is currently under local authority housing and would connect to our garden directly. We own our property and the land it is on. Its a small section and they are asking £5350.
The land is currently under local authority housing and would connect to our garden directly. We own our property and the land it is on. Its a small section and they are asking £5350.
0
Comments
-
Current minimum transaction amounts which would attract SDLT are £150,000 for non residential (including land which is not part of a garden) and £250,000 for residential.
So either way your intended purchase price is way, way below the SDLT thresholdIf you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales1 -
Thanks for your reply. Wasn't sure if there were different rules for council land!
Cheers
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards