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Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
The company would appear, on the face of it, to be liable to SDLT at 50K at 2% = GBP 1K. However, corporate bodies SDLT does not kick in until 500K and then at 15%. However this does not apply to properties occupied by employees and, remember, that directors are employees per se. This might provide an useful loophole.
I do hope that you find my reply of assistance.
I am so sorry, I have mislead you. The exact wording of the Gov UK web site is as follows:
'Stamp Duty Land Tax (SDLT) is charged at 15% on residential properties costing more than £500,000 bought by certain corporate bodies - or ‘non-natural persons’. These include:
These bodies may also need to pay Annual Tax on Enveloped Dwellings.
The 15% rate doesn’t apply to property bought by a company that is acting as a trustee of a settlement or bought by a company to be used for:
The standard residential rate of SDLT applies in these cases.'
So we revert back to my original answer of 500K @ 2% = 1K. Deep apologies for my error.