Quizzes & Puzzles1 min ago
Stamp Duty
Does anyone know if Stamp Duty liable on a property sale is levied at the point of exchange or completion? I'm asking because we are having about a month's delay between our exchange and completion, and we will be liable for a huge amount of Stamp Duty which we would rather keep in our account than put into a solicitor's account, until we actually have to hand it over to HMRC,
Answers
https:// www. gov. uk/ stamp- duty- land- tax "How and when to pay You must send an SDLT return to HMRC and pay the tax within 14 days of completion."
20:52 Wed 29th Jan 2020
https:/ /www.go v.uk/st amp-dut y-land- tax
"How and when to pay
You must send an SDLT return to HMRC and pay the tax within 14 days of completion."
"How and when to pay
You must send an SDLT return to HMRC and pay the tax within 14 days of completion."