Use the SDLT3 form when the transaction involves more than one property. Fill in form SDLT1 and SDLT3 for each additional property. This note provides practical guidance on completing stamp duty land tax form SDLT1. Free Practical Law trial. To access this resource, sign up for a free, day. Press release from Inland Revenue – Form SDLT 1 – Land Transaction Return ( Inland Revenue)to be made available on the web.
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Question 59 – are the purchaser and vendor connected? If the transaction has a large number of properties or there are multiple sellers or buyers, you can still file the return online.
Enter fotm number of purchasers. Tax on a premium is calculated on the total at question Enter here the total of these calculations in respect of all linked leases. Enter the start date as shown in the lease – if in the future, please enter the future date.
For a non-individual, you can either enter a company registration number issued by Companies House or if you do fodm have this a non-UK tax reference. Changes where you need to write to the Stamp Duty Land Tax Officeand send a copy of the contract include:. If the rent-free flrm is more than 99 months, enter foem Enter the DX number on the first line and enter the exchange location followed by the number on the second line, for example: Answer this question if the agent has a DX address.
Guidance Stamp Duty Land Tax online and paper returns. Question 56 – purchaser 1 – address You must answer this question. There are different forms of consideration. Use one of the following codes.
Use the SDLT3 form when the transaction involves more than one property.
Check that the zdlt1 of SDLT2s enclosed is consistent with the information you entered at question This rule is modified where the purchaser is one of the following: Enter values in whole pounds sterling. You must answer this question if you answered question Ssdlt1 there is more than one purchaser you must complete questions 67 to Solicitors or legal conveyancers can submit your return online and pay any tax due once we: Round up to a whole number of months.
Question 16 – type of lease You must answer this question if you entered code A or L at question 2. Enter the number of properties that are being acquired or leased to the purchaser in this transaction.
You must answer this question if purchaser 1 is represented by an agent. Leave blank if the vendor is acting for themselves.
SDLT – Form SDLT 1 to be available on the web – press release (Inland Revenue)
Thank you for your feedback. You can still amend your return after HMRC has started a compliance check ssdlt1 your amendment cannot take effect until after the check is finished.
Question 20 – annual starting rent inclusive of VAT actually payable You must answer this question if you entered code A or L at question 2. Make sure the number you provide is a valid VAT registration number, it gorm.
Use numbers not words, for example use 2 not two.
Guide to completing form SDLT1
If you send either a return for a transaction that does not need a return or a duplicate return, write to Stamp Duty Land Tax Office to ask them to disregard it. Include details of the UTRNthe address or description of the land, and formm contact details for any enquiries. If there is no postal address you should attach a plan. Find out more about cookies.
SDLT – Form SDLT 1 to be available on the web – press release (Inland Revenue) | Practical Law
You should give details of the subleases underleases on a separate schedule. Online transactions that need extra forms The xdlt1 SDLT5 certificate shows details of the first property address for any transaction.