Text for Terms & Conditions
T's & C's: Stamp Duty Land Tax (SDLT) Or LTT (Wales)
- Change date
- 16/04/2024
- Word count
- 112
- Deployment measure
- 8/10
Rationale
This draft paragraph deals that the firm will act for the client as their “tax agent” when it comes to submitting a Stamp Duty Land Tax Return (or in Wales, a Land Transaction Tax Return) to HMRC/WRA. In this particular instance it also makes it clear that there is a separate charge for this.
Most buyers of freehold or leasehold property must submit a Stamp Duty Land Tax Return (or in Wales, a Land Transaction Tax Return) to HMRC/WRA, and pay SDLT/LTT on the
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