Investor SDLT - Stamp Duty and Land Tax Reclaim

How do I know if I have overpaid SDLT?

As an investor (company or individual) purchasing additional residential property which does not replace your main residence, or who has acquired a residential property for a Buy To Let, you would normally be subject to higher rate stamp duty/ land tax, or 3% Loading on your SDLT, also known as the ‘3% surcharge’.

There are exemptions an relief's to SDLT transaction taxes.

• If you purchased a commercial land or mixed-use land
• If you purchased any property in that totalled less than £40,000
• Owned multiple properties, that were purchased to create a single new main residence

Then it’s very possible that you could have been incorrectly assessed for SDLT and consequently should be entitled to a refund for the over-payment.