Save money on Stamp Duty Land Tax!

Save money on Stamp Duty Land Tax! from Chrome Commercial Finance

By: Chrome Commercial Finance  14/12/2009
Keywords: property development, property developments

 Save money on Stamp Duty Land Tax!
 
Our colleagues are able to offer a SDLT Planning Scheme.
 
Summary:
· The product is designed to eliminate stamp duty
· Commercial or Residential Property
· Entry level is £250,000
· Fees are:
£250k to £500k         1.5% + VAT
£500k upwards         2% + VAT
£1.5m upwards         To be negotiated
· Stamp duty of 3% (below £500k) or 4% (above £500k) is eliminated.
· The saving is therefore effectively 50% of the SDLT that would be payable.
· In the event that the transaction is investigated by HMRC and you have to
pay the SDLT due, the fee for the planning is repaid by the provider.
 
Conditions:
· You would work in liaison with a designated panel Solicitor, who will explain the process in more detail and work with client to implement the planning.
· Can be used for linked purchases.
· Purchaser can be a company, trust, individual, pension fund or overseas company
 
Assistance with and implementation of other forms of tax planning are also offered.

Contact us for further details.

Keywords: property development, property developments