The Property Tax Experts
Pre/Post-transaction advice
Our team are on hand to provide pre and post-transaction advice on purchasing a property. Get in touch with the Relatus team to discuss this further.
The Property Tax Experts
Pre-transaction advice
The property being purchased will be subject to a different rate of SDLT depending upon the property being purchased and the purchasers themselves, there are also a number of reliefs available which can reduce the SDLT payable. Despite this HMRC’s SDLT calculator provides only a basic calculation of the amounts due which will often produce a misleading result.
Relatus will work with you before your purchase completes to provide an initial assessment of the correct amount of SDLT payable and will then go on to prepare a detailed written opinion and a full disclosure report supporting the SDLT return with reference to legislation, case law and guidance.
The written opinion can be relied upon to support the SDLT return but we also provide you with a full disclosure report which should be sent to HMRC and this will ensure that the time HMRC have to issue a check into the return is limited to 9 months. If no full disclosure is provided HMRC have up to 6 years to issue a discovery assessment and this can increase the amounts HMRC claim by thousands of pounds!
Relatus will ensure you get the SDLT position right and are protected from a discovery assessment.
The Property Tax Experts
Post-transaction amendments and refunds
We will review the transaction and advise whether there was an overpayment, if there was, we will prepare a request for amendment of the SDLT return which will detail the reason for the overpayment relying on the relevant legislation, Tribunal decisions and HMRC’s own guidance. We will calculate the correct amount of SDLT and the amount to be refunded.
All requests for amendment will be made on a full disclosure basis to ensure that the compliance period is limited to 9 months. If a compliance check is opened to consider the validity of our amendment, we will deal with the check on your behalf for no additional fee.
A request for amendment resulting in a refund of SDLT is subject to a strict deadline of 12 months from the filing date and it is important that you act fast to avoid losing your ability to claim a refund.
Reasons to use Relatus for your Property Tax
Our customers rate us an average of 4.9 on TrustPilot...
Check out the many reasons why our customers choose us. We may be slightly biased, but our TrustPilot reviews are not.
An average of 4.9 out of 5, across 225+ reviews.
Highly rated on TrustPilot
We have an average rating of 4.9 from over 225 reviews.
Over 10 years experience
We have helped people to pay the correct amount of SDLT and LTT for over 10 years.
We have the expertise
Relatus specialises in SDLT and LTT, we are made up of qualified accountants, qualified members of the Association of Taxation Technicians (ATT) and qualified (non-practicing) solicitors.
We are good at what we do
HMRC regularly agree with our position and we have recently won an appeal at the First Tier Tax Tribunal.
Flexible Fee structure
Fixed and contingent Fee arrangements available to suit our client’s preferences.
Opinion Service
We can provide full written advice to ensure that the correct amount of SDLT or LTT is paid.
Check out the SDLT rates in England
SDLT Rates in England
Want to know more?
If you have any questions about your property tax, then get in touch with our team here at Relatus who will be happy to help.
