Claim your SDLT Refund

Purchased a property with land, outbuildings, woodland or separate annexes?

Discreet, no obligation assessment

If you are one of the hundreds of homebuyers that think you may have overpaid stamp duty, please fill in the form – or give us a call on 01858 439033 – and one of our experienced tax advisers will be able to advise you accordingly.

T 01858 439033  E sdltrefunds@ctatax.uk.com

£2bn
in tax could be owed because HMRC’s calculator is getting its sums wrong

£13bn
in stamp duty tax revenues, doubling in the last five years

900
cases of overpayments are being dealt with a month

12%
tax on properties worth more than £1.5m when they could qualify for 5%

12 years of continuous excellence

Founded on over 100 years experience

SDLT Refunds

SDLT Refunds is a specialist division of Cornerstone Tax, a firm of Chartered Tax Advisers and the leading experts in Stamp Duty Land Tax in the UK for over a decade. Our team combines over a century’s worth of tax advice experience, and is headed up by David Hannah, an acknowledged expert & lecturer in SDLT often quoted in the UK financial press.

Stamp Duty Land Tax is complex and ever-shifting, subject to more alterations since inception in 2003 than any other comparable tax. The legislation governing it is now full of exceptions, exemptions and reliefs covering the vast variety of property types and property buyers, not all of which are obvious to conveyancers who are generally inclined – thanks to lack of help from HMRC and conflicting messages from their regulator, the SRA – to differentiate simply between a whether a property is residential or commercial for purposes of SDLT calculation.

This means people buying property with land, outbuildings, woodland or separate annexes, for example, may find themselves paying a higher SDLT bill on their purchase than they should.

If you are about to complete on a property purchase, or have completed – within the last 12-months – and your property has any of the above features, please do contact us and one of our tax experts will be happy to talk you through your options.

Why are homebuyers overpaying?

You may have read in the papers that Stamp Duty Land Tax overpayments are alarmingly frequent. There are several reasons for this, including lack of adequate support from HMRC, poorly implemented calculators, a lack of publicity on or adequate training in new updates to the legislation and a concurrent lack of understanding on the part of both buyers and property professionals. The reality is that SDLT is a tax, and like any other tax you are required to pay, it requires an expert tax specialist, such as SDLT Refunds, to ensure an accurate calculation and payment are made. Features and characteristics of your property, such as outbuildings, woodland, stables and annexes all go towards determining the level of SDLT liability on a property and can reduce your tax bill considerably.

Tax icon

Tax changes

Legislation governing SDLT has been subject to multiple alterations, most recently in July 2016. It's full of exceptions, exemptions and reliefs covering the vast variety of property, and very few of these are made clear to property professionals, let alone the general public.

HMRC icon

HMRC calculator

There are serious shortcomings in the HMRC SDLT tax calculator, which is not designed with the various nuances of the property tax system beyond the very basics in mind. Yet the buyers and their solicitors frequently rely on it. HMRC themselves have recently admitted it is there to serve as a 'mere guide'.

Solicitor icon

Solicitors unsupported

Solicitors, lawyers and agents are not tax specialists, and yet are liable in cases where they have made incorrect assumptions regarding a property which lead to incorrect payments being made.

Does your home qualify?

If your purchase price was more than £1.5 million and contains land, woodland, outbuildings or annexes within its grounds then it’s likely you have overpaid Stamp Duty Land Tax.

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Annex

Does your property have a 'granny annex' or separate living accommodation? You could qualify for "mixed-use" tax relief.

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Land

If your property has land attached to it of more than 1.3 acres, it's likely you can qualify for "mixed-use" SDLT rates and potentially save thousands.

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Outbuildings

Do you have barns and other outbuildings as part of your purchase? Under "mixed-use" SDLT legislation you could substantially reduce your SDLT liability.

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Woodlands

Where forestry land is parcelled up in the same transaction alongside a residential property, it can be argued the purchase is "mixed-use", potentially saving thousands.

T 01858 439033  E sdltrefunds@ctatax.uk.com

What do our clients say?

We work with individual homebuyers and their solicitors and accountants nationwide to ensure that the correct SDLT amounts are paid on their purchases.

"It was brought to our attention that we may be eligible for an SDLT repayment. Cornerstone (SDLT Refunds division) started the process the day they received the relevant documents from us. It has been money well spent as HMRC recently presented us with a cheque for just under £9,700.00. I couldn’t recommend SDLT Refunds enough"

Ian Williams, Rustington, BN16

In the news

More and more articles are appearing in the press reporting the complexities of SDLT and the frequency of incorrect payments being made.

"Homebuyers may be owed up to £2 billion in tax because the government's online calculator is getting its sums wrong. The tool, provided by HMRC, fails to to factor in stamp duty discounts worth thousands of pounds."

The Times, 31st March 2018

"The software on the HMRC website reportedly does not take account of factors such as farmland or a 'granny annexe' which can lead to discounts in stamp duty. The problem has arisen because the calculator does not distinguish between homes and mixed-used properties."

Tim Stickings, Mail Online, 31st March 2018

"Solicitors complained they frequently used the calculator because the taxman was treating them like accountants, relying on expertise they did not have. They write to HMRC for guidance but we're finding a long turnaround time, often 28 days."

Carly Read, Express, 31st March 2018

Outbuildings, woodland, stables or annexes?

Reduce your stamp duty liability by thousands

Independent Reviews

Frequently Asked Questions

Please have a look at our most frequently asked questions. If you can't find the answers you're looking for then please contact one of our tax advisers by phone 01858 439033 or email sdltrefunds@ctatax.uk.com.


Who are SDLT Refunds?

SDLT Refunds is a specialist branch of Cornerstone Tax, a firm of Chartered Tax Advisers and the leading experts in Stamp Duty Land Tax in the UK for over a decade. Our team combines nearly a century’s worth of tax advice experience, and is headed up by David Hannah, an acknowledged expert & lecturer in SDLT often quoted in the UK financial press. By engaging SDLT Refunds, you are benefiting from expert advice delivered by a firm regulated by the Chartered Institute of Taxation (CIOT), recognised by solicitors, brokers and accountants as the best advisers on SDLT in the UK.

Why would I have overpaid Stamp Duty Land Tax?

Stamp Duty Land Tax is a complex, and ever-shifting tax, subject to more alterations since inception in 2003 than any other comparable tax. The legislation governing it is full of exceptions, exemptions and reliefs covering the vast variety of property types and property buyers, but not all of these are obvious to conveyancers who are generally trained to differentiate simply between a residential and commercial property for purposes of SDLT calculation.

This means that people buying property with land, outbuildings or separate annexes, for example, may find themselves paying a higher level of SDLT than they should.


Is this like PPI?

The explosion of PPI into a fully-fledged claims industry came about due to the flagrant mis-selling of a product that people did not need, and in many cases were not even aware they had bought. To this day, dedicated firms cold call legions of people on the statistical possibility that at least some will have been victims of this mis-selling.

By contrast, overpaid SDLT is simply due to an honest miscalculation by people who are not tax experts. We don’t seek to cold call millions of people to sell them on a dream. We simply offer the peace of mind of knowing that the tax you paid is the tax that was due, and, where it wasn’t, the opportunity to reclaim what is rightfully yours and set the record straight.



What if my claim is unsuccessful?

SDLT Refunds operates on a no win, no fee basis. Our initial assessment is free, we will carry out a Stamp Duty Land Tax review and will quickly identify whether there is a claim to be made. If there is, it is then a simple case of us writing to HMRC on your behalf to make that claim. In the highly unlikely event that we make a claim which is refused, we will charge you no fee. Our fee is only payable once you have received your refund from HMRC, and not before.

How far back can I go?

Normally 12 months after your purchase, but up to 4 years after completion is the maximum possible timescale depending on your circumstances. Beyond this, we will be unable to claim from HMRC but may be able to recommend alternative routes.

Purchased a flat with a retail property below?

Qualify for multiple dwellings relief and reduce your SDLT liability

Make your claim

SDLT Refunds work with individual clients and hundreds of solicitors and accountants nationally, ensuring homebuyers pay the correct amount of SDLT. If you are one of the hundreds of homebuyers that think you may have overpaid stamp duty, we would be delighted to liaise with you or your solicitor directly and resolve any SDLT overpayment.

T 01858 439033  E sdltrefunds@ctatax.uk.com

Our dedicated team of chartered tax advisers are on-hand and ready to help

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