Stamp duty in a LTD company

Discussion in 'General Property Investment Discussion' started by Deanb7823, Aug 10, 2018.

  1. Deanb7823

    Deanb7823 New Member

    there’s been a few things I’ve read about stamp duty laws now when operating in a ltd company, do investors have to pay SDLT on properties if they own 15 or more? I’ve also heard if you own 6 properties you wont pay an additional stamp duty on the 7th purchase? Can someone clear this up? Cheers
    Last edited: Aug 10, 2018
  2. diyhelp

    diyhelp Active Member

  3. Longterminvestor

    Longterminvestor Administrator

    So I am a little confused - you pay SDLT on ALL company property purchases wth a higher rate over £500k?
  4. Deanb7823

    Deanb7823 New Member

    So for every investor in a ltd company regardless of the amount of property’s owned we always pay SDLT on every purchase is that correct?
  5. realdeals

    realdeals Active Member

  6. Deanb7823

    Deanb7823 New Member

    Thanks for the link, that covers the basics.
  7. John Bird

    John Bird New Member

    there are ways , quite legitimate, to pay no SDLT at all on certain residential purchases if you are a property company.
  8. lookinginvest

    lookinginvest Member

    Hi @John Bird , could you expand on the ways to avoid SDLT please?
  9. John Bird

    John Bird New Member

    hi lookinginvest,
    do you buy residential properties in a limited company? if so, then in some instances you should pay no SDLT, if you've wrongly paid or overpaid you can claim a refund. have a look at (moderated).
    Last edited by a moderator: Oct 27, 2018
  10. Longterminvestor

    Longterminvestor Administrator

    In what instances might you have overpaid?

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