Avoid Stamp Duty Taxes

 

Legal Stamp duty tax avoideds - agreed by HMRC

We can help you save nearly 50% off your stamp duty tax - LEGALLY !

See below for examples on how much we could typically save you on stamp duty taxes. It works on a simple no win no fee basis (other than an £895 initial applicaton fee) which is minimal when you could be saving £10,000 - £30,000- so you have nothing to lose. Your property purchase MUST be valued at £400,000+ to qualify for the tax exemptions.

In the first instance, it is important to note the difference between ’avoiding’ tax and ’evading’ tax. This article, and several others on this site, offer advice on stamp duty tax avoidance ; this describes the ways in which individuals or organisations can legally minimise their tax bill. Tax evasion, on the other hand, is illegal, and tends to rely on acts like falsifying accounts. Actions like these are inevitably discovered and punished severely. We only offer LEGAL tax savings

Stamp duty along with inheritance tax, is one of the great pariahs of the tax regime. While people will sometimes go to extraordinary lengths to avoid having to pay the latter, it is thought that there is little that one can do about the former. While it is true that there are fewer steps that can be taken to avoid stamp duty, there are a number of possibilities that might help.

The Stamp duty tax avoideds are offered as a referred service to a team of specialist tax advisors, they work on a no win no fee basis and will explain the potential savings in a no obligation quote - you must fully complete all the form - full address and contact details for them to provide a quote on the potential savings. The specialist tax advisors will provide you witha FREE no obligation estimate of the Stamp duty tax avoideds you could make and if the scheme applies for you. Should you decide to go ahead there is an £895 application fee, the rest of the service is provided on a no win no fee basis and is only paid once the tax savings are guaranteed and in your bank account !

 

examples of stamp duty savings;

Stamp duty savings Apply to Residential or commercial properties even land !

Residential House - London Outskirts

Purchase Price £1,000,000

Stamp Duty tax before using service = £40,000

Stamp duty tax avoided = £18,000

saving the client nearly £20,000 in stamp duty taxes he didn't have to pay.

 

Commercial Property - Dental Practice

Purchase Price £400,000

Stamp Duty tax before using service = £12,000

Stamp duty tax avoided = £4,000

saving the client over £4,000 in stamp duty taxes they didn't have to pay.

 

Commercial Property - Office building

Purchase Price £850,000

Stamp Duty tax before using service = £34,000

Stamp duty tax avoided = £16,000

saving the client over £16,000 in stamp duty taxes they didn't have to pay.

 

 

 

 

Avoid Stamp Duty rates / Taxes

For a FREE quote on Commercial / business insurance, Liability insurance - >>click here<<

 

 

Stamp Duty Tax rates for residential property

The table below applies for all freehold residential purchases and transfers and the premium paid for a new lease or the assignment of an existing lease. (If the property will be used for both residential and non-residential purposes the rates differ - please see the section 'Stamp Duty Tax for non-residential or mixed use property'.)

New leases

If the transaction involves the purchase of a new lease with a substantial rent there may be an additional Stamp Duty Tax charge to that shown below, based on the rent. See the next section and further table 'Stamp Duty Tax on rent for new leasehold properties (residential)' for more detail.

Residential land or property Stamp Duty Tax rates and thresholds

Purchase price/lease premium or transfer value	Stamp Duty Tax rate
Up to £125,000	Zero
Over £125,000 to £250,000	1%
Over £250,000 to £500,000	3%
Over £500,000	4%

If the value is above the payment threshold, Stamp Duty Tax is charged at the appropriate rate on the whole of the amount paid. For example, a house bought for £130,000 is charged at 1 per cent, so £1,300 must be paid in Stamp Duty Tax. A house bought for £350,000 is charged at 3 per cent, so Stamp Duty Tax of £10,500 is payable.

Stamp Duty Tax threshold 3 Sept 2008 - 31 December 2009

Note that between 3 September 2008 and 31 December 2009 the starting threshold for Stamp Duty Tax was £175,000 - higher than shown in the table above. The threshold was reduced back to £125,000 from 1 January 2010.

Stamp Duty Tax rates 3 Sept 2008 – 21 April 2009

Properties bought in a disadvantaged area

If the property is in an area designated by the government as 'disadvantaged' a higher threshold of £150,000 applies for residential properties.

Disadvantaged areas - residential land or property Stamp Duty Tax rates and thresholds

Purchase price/lease premium or transfer value	Stamp Duty Tax rate
Up to £150,000	Zero
Over £150,000 to £250,000	1%
Over £250,000 to £500,000	3%
Over £500,000	4%

Read more about Disadvantaged Areas Relief

Stamp Duty Tax on rent - new residential leasehold purchase

When a new residential lease has a substantial annual rent, Stamp Duty Tax is payable on both of the following, which are calculated separately and then added together:

• the lease premium (purchase price) - see the table above
• the 'net present value' (NPV) of the rent payable

The NPV is based on the value of the total rent over the life of the lease and can be worked out using HMRC's online calculator (link below).

In practice Stamp Duty Tax only becomes payable on a fairly high rent - starting at around £4,500 a year for a 99-year lease, for example, however the exact amount depends on the length of the lease.

Stamp Duty Tax on rent for new leasehold properties (residential)

Net present value of rent - residential	Stamp Duty Tax rate
£0 - £125,000	Zero
Over £125,000	1% of the value that exceeds £125,000

Note that a higher threshold of £175,000 applied for rents on residential only leases taken from 3 September 2008 to 31 December 2009. Follow the link below to find out more.

Stamp Duty Tax rates 3 Sept 2008 – 21 April 2009

Read more about calculating Stamp Duty Tax for leasehold purchases

Go to the Stamp Duty Tax lease calculator

If six or more residential properties form part of a single transaction

If six or more properties form part of a single transaction the rules, rates and thresholds for non-residential properties apply. The amounts paid for all the properties in the transaction must be added together in order to establish the rate of tax payable.

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Stamp Duty Tax rates for non-residential or mixed use properties

Non-residential property includes:

• commercial property such as shops or offices
• agricultural land
• forests
• any other land or property which is not used as a dwelling
• six or more residential properties bought in a single transaction

A mixed use property is one that incorporates both residential and non-residential elements.

The table below applies for freehold and leasehold non-residential and mixed use purchases and transfers

If the transaction involves the purchase of a new lease with a substantial annual rent, there may be additional Stamp Duty Tax charge to that shown below, based on the rent. See the later section and table for more detail.

Non-residential land or property rates and thresholds

Purchase price/lease premium or transfer value (non-residential or mixed use)	Stamp Duty Tax rate
Up to £150,000 - annual rent is under £1,000	Zero
Up to £150,000 - annual rent is £1,000 or more	1%
Over £150,000 to £250,000	1%
Over £250,000 to £500,000	3%
Over £500,000	4%

Note that for the above purpose the annual rent is the highest annual rent known to be payable in any year of the lease, not the net present value used to determine any tax payable on the rent as described below.

Stamp Duty Tax on rent - new non-residential or mixed use leasehold purchase

When a new non-residential or mixed use lease has a substantial annual rent, Stamp Duty Tax is payable on both of the following which are calculated separately and then added together:

• the lease premium or purchase price - see the table above
• the net present value of the rent payable (this is based on the value of the total rent over the life of the lease and can be worked out using HMRC's online calculators)

Stamp Duty Tax on rent for new leasehold properties (non-residential or mixed use)

Net present value of rent - non-residential	Stamp Duty Tax rate
£0 - £150,000	Zero
Over £150,000	1% of the value that exceeds £150,000

Read more about calculating Stamp Duty Tax for leasehold purchases

Avoid Stamp Duty Taxes

 

 

Commercial Mortgages are commercial transactions and they are all determined differently depending on the circumstances of the commercial business. The actual mortgage you pay is therefore negotiable and we will assist you through this process

• Compare Commercial Mortgages- self cert
• Compare Commercial Mortgages- No accounts
• Compare Commercial Business Mortgage rates- interest only
• Compare Commercial Business Mortgage rates- investment opportunities
• Commercial Mortgages on Shops
• Commercial Mortgages on Industrial Units
• Commercial Mortgages on Offices
• Commercial Mortgages on Guest Houses / Hotels

Enquire now about Commercial Business Mortgage rates

page: commercial mortgage, compare Commercial Mortgages, Commercial Mortgages,

 

We know which bank is lending, what their rates and terms are likely to be, and how they compare- we know if they prefer say Nursing Homes to Pubs or Shops. 

Stamp Duty rates calculator

This particular tax planning scheme will mitigate your SDLT payment down from 4% to 2% (plus VAT) on any purchase of £500,000 and above. The planning can also be used for purchases below £500,000, bringing your payment down from 3% to 1.5% (plus VAT) if you are in the process of buying property or land.

Some key highlights pertaining to the planning of this scheme are listed below:

1. This SDLT strategy has been running for over 4 years and in excess of 1000 cases have been successfully completed.
2. The structure will save property buyers in the region of 50% of the SDLT. The total fee to the client is between 1.5% and 2% plus VAT which includes SDLT and any associated fees apart from conveyancing.
3. So confident is the provider in the scheme’s integrity that they offer a ‘no win no fee’refund to property buyers.
4. The planning has been disclosed to HMRC and has a corresponding scheme disclosure number ensuring that it is fully compliant with HMRC requirements for tax planning.
5. The structure has been queried on only a few occasions by the Inland Revenue who were promptly and easily satisfied that there is a legal loophole for reducing stamp duty.
6. The scheme is deemed to be low risk and non-aggressive and does not involve either vendor or the lending institution involved in the transaction, or, affect either their title to asset or ability to realise funds from the sale of their property.

Stamp Duty rates calculator

We have a number of Stamp Duty mitigation strategies starting with residential and  property purchase at £600,000.

We can show you how to avoid paying Stamp Duty on Commercial Property purchases over £1,500,000.

There are no upper limits on property value. This gives a great deal of scope for savings on high value property transactions. The strategy allows the client to save 75% of the stamp duty payable. The tax paid is Nil and the fee is 25% of the tax saved, meaning the client saves 75% of the stamp duty payable. See below: