Since 1 April 2016, higher rates of stamp duty land tax (SDLT) apply to purchases of second and subsequent residential properties where the cost of the additional property is over £40,000 (i.e. virtually all properties!).
With several examples, Sarah Bradford outlines the rules for reclaiming the stamp duty land tax paid at the higher rates on the sale of a former main residence where a replacement main residence was purchased before the previous main residence was sold.
>> Reclaiming The SDLT Supplement On Replacement Main Residence
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>> Reclaiming The SDLT Supplement On Replacement Main Residence
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