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HM Accountax Ltd
HM Accountax Ltd, Chartered Certified Accountant
Category: Tax
Satisfied Customers: 359
Experience:  I am an accountancy professional with more than10 years hand on experience in audit, accountancy and tax affairs.
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Can you advise on stamp duty exemption, No, I am purchasing

Customer Question

Can you advise on stamp duty exemption
JA: Have you talked to a tax professional about this?
Customer: No
JA: Anything else you want the Accountant to know before I connect you?
Customer: I am purchasing a property and leaving a matrimonial home which i was bought out of but not on the deeds
Submitted: 16 days ago.
Category: Tax
Expert:  HM Accountax Ltd replied 16 days ago.

Hi,

I am an advisor at JA and happy to assist you.

Could you please provide more details about your query.

Regards

HMAT

Customer: replied 16 days ago.
I have just divorced and my ex bought me out the matrimonial home which the court ordered was joint matrimonial property and I had a registered interest in, but was not on the deeds. My solicitor has said as I was not on the deeds when i am buying my new home i am not entitled to no stamp duty exemption?
Expert:  HM Accountax Ltd replied 15 days ago.

Hi,

Thanks for the details.

Yes, if your name is ***** ***** deed then you are not entitled to stamp duty exemption. and you'll pay SDLT at higher rate.

I hope this answers the query.

If you have any further queries then please feel free to contact me.

Regards

HMAT

Customer: replied 15 days ago.
No my name is ***** ***** the deeds of the property
Expert:  HM Accountax Ltd replied 15 days ago.
If your name is ***** ***** deeds and this is your first purchase then you are entitled to stamp duty exemption