SDLT & ATED Update

This update comments on the latest developments on the following:

  • First time buyer’s relief (FTB)
  • Higher rates (or 3% surcharge) for additional dwellings (HRAD)
  • SDLT Manual updated to incorporate guidance on HRAD
  • Technical queries submitted to Stamp Office
  • What is a “major interest”?
  • Errors in SDLT returns
  • Proposed shortening of time limit for filing SDLT returns to 14 days
  • Additional information schedules to SDLT1
  • Determining the rate of SDLT chargeable on purchases of residential property
  • Welsh Land transaction tax
  • Project Blue
  • ATED