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Solicitors - Stamp duty #1025393
6th Nov 2016 6:16pm
6th Nov 2016 6:16pm
Joined: Mar 2008
Posts: 146
newferry
O
OhYeah Offline OP
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OhYeah  Offline OP
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newferry
Hi there

Is there a legitimate way to avoid paying the extra stamp duty on a second property?

Cheers

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Re: Solicitors - Stamp duty [Re: OhYeah] #1025405
6th Nov 2016 7:03pm
6th Nov 2016 7:03pm
Joined: Mar 2010
Posts: 4,036
Heswallish
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fish5133 Offline
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fish5133  Offline
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Heswallish
not sure we have any politicians on the forum.

Put wheels on it.

https://www.moneyadviceservice.org.uk/en/articles/everything-you-need-to-know-about-stamp-duty

Re: Solicitors - Stamp duty [Re: OhYeah] #1025406
6th Nov 2016 7:05pm
6th Nov 2016 7:05pm
Joined: Jul 2008
Posts: 13,581
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diggingdeeper Offline

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diggingdeeper  Offline

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Posts: 13,581
Birkenhead
If the second property is to become your main residence and you sold another main residence before Nov 26th 2015 then there is a loophole.

The other obvious loophole is someone else buying it but this is risky.


The further you are down the pay scale, the more 'essential' you are when the s--- hits the fan... Sue Farbysmith 2020

Insults are engendered from vulgar minds, like toadstools from a dunghill - Charles Caleb Colton

We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn
Re: Solicitors - Stamp duty [Re: OhYeah] #1025429
7th Nov 2016 9:15am
7th Nov 2016 9:15am
Joined: Jan 2010
Posts: 1,730
wirral
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Excoriator Online content
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Excoriator  Online Content
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wirral
I respect people who pay their taxes without trying to weasel out of them.

Re: Solicitors - Stamp duty [Re: Excoriator] #1025466
7th Nov 2016 3:51pm
7th Nov 2016 3:51pm
Joined: Mar 2008
Posts: 146
newferry
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OhYeah Offline OP
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OhYeah  Offline OP
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If you can't help keep out of it,


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