Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your Terms & Conditions.
text for Terms & Conditions:
T's & C's: Tax rates or Government Fee Changes
Change Date : 17/10/2023 | Word Count: 99 | Deployment Measure : 8/10
Rationale:
The industry knows all too well that Stamp Duty Tax rates change without much notice. A firm’s Terms needs to cater for this scenario. The firms who did not include this provision in their Terms pre-2020 have found themselves with potential claims. In relation to VAT and Land Reg Fee changes, you may wish to adjust the suggested wording.
If the Stamp Duty rates change, your Stamp Duty amount will change. The Stamp Duty amount on your quote is an estimate based on the Stamp Duty rates at the
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