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Second Home Stamp Duty

Will I still have to pay 2nd home stamp duty if house is left to me in a Will?

Asked on Jan 17 2016, General in Ceredigion | Report content

Answers (1)

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  • SDLT is a tax on purchases, so probably not on acquisition by inheritance. What you need to worry about is CGT on disposal. see https://www.gov.uk/government/consultations/consultation-on-higher-rates-of-stamp-duty-land-tax-sdlt-on-purchases-of-additional-residential-properties/

    Web reference: http://https://www.gov.uk/government/consultations/consul...

    Answered on Jan 18 2016, Report content

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