Q&As

Can a refund of the higher 3% rates of SDLT be claimed where a property bought as a second or subsequent dwelling is sold within the three years after the date of completion?

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Produced in partnership with Sean Randall of Blick Rothenberg
Published on LexisPSL on 23/02/2021

The following Tax Q&A produced in partnership with Sean Randall of Blick Rothenberg provides comprehensive and up to date legal information covering:

  • Can a refund of the higher 3% rates of SDLT be claimed where a property bought as a second or subsequent dwelling is sold within the three years after the date of completion?

No. The 'additional SDLT' (or 'surcharge' or 'residential higher rates' or higher 3% rates) is only repayable where there is a disposal of a dwelling other than the purchased dwelling. A disposal of the purchased dwelling would never qualify even though the purchased dwelling attracted the additional SDLT. For completeness, specific conditions need to be met for a disposal of a dwellin

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