Stamp Duty Land Tax (SDLT) is normally payable on the acquisition of freeholds, long leases and other interests in land located in the UK. For properties with a value in excess of £1m, SDLT is calculated at 5% of the purchase price.

Simple yet robust planning exists that reduces SDLT to 0%. The planning is for individuals or companies purchasing residential or commercial property over £1m.

The planning relies upon the specific provisions in the SDLT legislation, and unlike other forms of SDLT planning does not involve the use of off-shore vehicles or onshore companies. The purchaser completes with transaction with the vendor.

The provider has incorporated downside risk protection, in the form of an in-built insurance policy. This insurance covers legal costs, should an enquiry be brought by HMRC, and the return of any fees and costs, should settlement be advised by Counsel.