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You pay stamp duty land tax (SDLT) on the purchase of land or property, not sale.
by AdamGibbins 7y ago
You pay stamp duty land tax (SDLT) on the purchase of land or property, not sale.
- arethuza 7y agoBut for every sale there is going to be a purchaser so the tax is going to get paid whether it is the seller or purchaser paying.
- AdamGibbins 7y agoSure, but arguably thats penalising the wrong party. Also depends on who purchases, if you're a first time buyer you get significantly reduced stamp duty for example.