Extra 3% Stamp Duty on Buy to Lets – but what if you have a property company? Reply


To Let

A 3% surcharge on stamp duty when some buy-to-let properties and second homes are bought will be levied from April 2016.

This means it will add £5,520 of tax to be paid when buying the average £184,000 buy-to-let property. The new charge would have hit 160,000 buyers if it had applied last year.

George Osborne said the new surcharge would raise £1bn extra for the Treasury by 2021.

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But, commercial property investors, with more than 15 properties, are expected to be exempt from the new charges.

Stamp Duty on Selling Shares is 0.5% so why aren’t more investors buying property into companies and then selling the shares in the company!

See my blogs, click to read

5 reasons why you need a Property Investment Company!

10 ways to pay less Property Tax (Investors)

steve@bicknells.net

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