Above is the diagram from Consultation
But what if you own properties in Companies and Partnerships (registered with HMRC with UTR’s)? Does that mean you own multiple properties?
I spoke to the HMRC SDLT Office about this and they said properties owned by other entities are not owned by an individual so shouldn’t count.
Call HMRC for help with Stamp Duty Land Tax queries.
0300 200 3510
8.30am to 5pm, Monday to Friday
We all want to get things right and follow the rules, so if you file an SDLT return you have 12 months to amend it and during that time you can write to HMRC and set out the exact circumstances, so if you have made a mistake it can be corrected.
The address to write to is
BT – Stamp Duty Land Tax
HM Revenue and Customs