In our experience, SDLT is the ‘hot potato’ of tax! Your accountant will probably pass it to your solicitor, and many solicitors will either pass it back to your accountant, or will apply the worst-case scenario. We work regularly with both to make sure this does not happen.
We often encounter people and businesses frustrated at their future plans being thwarted because of the likely SDLT cost or paying it and not realising they did not have to! There are so many reliefs and exemptions available, which could manage or reduce this tax cost.
