Stamp duty land tax

Benefits

Stamp duty land tax strategy benefits

There are many benefits to using our Stamp Duty Land Tax (SDLT) strategies, which are carefully tailored to your purchase with every interest and regulation fully addressed.

Property transactions invariably involve a number of vested interests, ranging from those of the buyer and seller to the policies of mortgage lenders and, of course, the law as applied by Her Majesty’s Revenue and Customs (HMRC).

How Fiducia can help

At Fiducia, our aim is to design a solution that ensures your property tax is managed in the most beneficial way possible, in accordance with all legal requirements and government legislation.

Our experts work tirelessly to devise a plan that:

  • Mitigates your Stamp Duty Land Tax liability, leaving a minimum saving of 59% once fees are paid
  • Complies with the Council of Mortgage Lenders’ requirements
  • Does not need any action on the part of your vendor
  • Does not require you to notify HMRC
  • Does not cause delays in the conveyancing process
  • Requires no fees in advance
  • Is fully insured by market leading insurers that are regulated by the Financial Services Authority (FSA) and who are also members of the Association of British Insurers (ABI)

Our Charging Scheme

Fiducia operates a simple and transparent charging scheme across all SDLT rates. We charge 30% of the total SDLT payable, a fee which covers:

  • Extensive consultations to understand your transaction and instructions
  • The creation and implementation of a robust SDLT fully insured mitigation strategy
  • The ongoing support of one of the UK’s foremost SDLT authorities

For an additional cost, you can purchase insurance for your scheme provided by FSA-registered and ABI-member insurers. Our professional fee is also subject to VAT.

Any conveyancing costs for your property purchase (and sale if required) are payable and will be quoted separately.

A Typical SDLT Mitigation Example

Whatever the cost of your purchase, we want you to be fully aware of how our tax planning process works and exactly what you will be paying for.

The example below outlines what would happen if you were to purchase a property for £750,000. As you can see, by working with Fiducia you could turn a potential £27,500 tax liability into a saving of £16,197.

 

 

Fiducia SDLT Example-01

 

Our schemes also take account of legislation changes made in the pre-budget statement of December 2006, in particular the s75A Finance Act.

Contact Fiducia

If you think you might be able to save money on your stamp duty land tax, call Fiducia today on 01625 599 200, email info@fiducia.co.uk or fill in our enquiry form.

We can discuss your purchase and outline how we can help, as well as talk you through our property tax planning process and charges.

Alternatively, take a look at the stamp duty land tax calculator on our homepage and see how much you could save by working with us.