10 August 2020

Elizabeth Small featured in Mansion Global on SDLT rates

Tax Partner, Elizabeth Small has been featured in Mansion Global’s article entitled ‘What Kind of Stamp Duty Can I Expect on a London New Development?’.

The article discusses how the stamp duty changes will impact those purchasing a new-development unit in London, demonstrating that until March 31, 2021, buyers will only pay SDLT on the amount of a home purchase that exceeds £500,000.

For those who already own property however, Elizabeth highlights that there is also a 3% surcharge on additional home purchases.

Read the full article here.

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