UK

UK Stamp Duty: Understanding the Basics

Stamp Duty Land Tax (SDLT) is a tax imposed by the UK government on the purchase of property or land. It applies to residential and commercial properties in England, Wales, and Northern Ireland. In Scotland, a similar tax called the Land and Buildings Transaction Tax (LBTT) is applicable. SDLT is calculated based on the purchase price of the property in question. The rates and thresholds for SDLT can...

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