Accounting Journal

Accounting Journal

The SDLT supplement and changing your main residence

Asif Patel's avatar
Asif Patel
Sep 05, 2024
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In most cases, a higher rate of stamp duty land tax (SDLT) applies to the purchase of second and subsequent residential properties in England and Northern Ireland where the consideration is at least £40,000. The supplement increases the residential rates by 3%.

However, even where a person owns two or more properties, they can replace their ‘main residen…

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