Stamp duty on new build house in exchange for present property, is stamp duty on difference or based on full price for new property?
If I exchange my property at £134.500 with the builder for a new build at £330.000, will I have to pay stamp duty on the full amount or just on the difference of £194.500 so 1% in place of 3%. Thank you.
Web reference: http://www.hmrc.gov.uk/manuals/sdltmanual/SDLTM01090a.htmAnswered on Aug 19 2011, Report content
Didn't find what you were looking for? Ask a question