My client lived in rented accommodation and then also bought a buy to let property himself to rent out.
He subsequently bought a main residence to live in himself and had to pay the additional stamp duty on this (as he already owned a BTL).
Now he is looking to trnasfer the BTL into a company. So he will be left with just his main residence with a view to claiming back the additional stamp duty he paid when he bought the main residence. This is all done within the 3 year time period for claiming back stamp duty.
My questiosn is whether he could still claim back the additional stamp duty as even though he is personally disposing of his BTL property, it is being transferred into a company where he is the sole shareholder/director. Legally it is a transfer of ownership, but he will be a connceted party so could he still claim back the additional stamp duty he paid when buying his main residence?