Most conveyancers probably do not need reminding that the current SDLT rates were only a temporary measure, introduced in 2022. From 1 April 2025 the rates for a freehold purchase by a UK resident individual replacing a main residence will be: Relevant consideration Percentage Up to £125,000 Nil The next £125,000 (the portion from £125,001 …
Archives: Tax - SDLT
HMRC – first-time buyer’s relief
October 2024 | Tax - SDLTSDLT has become increasingly complex, but it is still up to practitioners to ensure that SDLT is properly calculated and that any reliefs are properly applied. It is of note therefore that on 30 July 2024, HMRC updated the SDLT manual in relation to first-time buyer relief (SDLTM29800 – Reliefs: First Time Buyers). It will …