Stamp Duty Land Tax, or SDLT, is charged on all property bought in the United Kingdom, including houses, flats, other buildings and land. However, the SDLT rate is zero percent until the price of the property is higher t... More » Business & Finance Taxes

As of June 2014, Stamp Duty is payable either at the time of purchase or within 30 days of document execution, according to HM Revenue & Customs. If the Stamp Duty is not paid within 30 days, additional penalties and int... More » Business & Finance Taxes

Stamp duty land tax, or SLDT, replaced stamp duty in the UK and took effect on Dec. 1, 2003. Land and building transactions in the UK require payment of SLDT. More » Business & Finance Taxes
similar articles

According to Which, stamp duty land tax is a United Kingdom tax that is payable upon the purchase of any residential property that costs more than £125,000. As of 2014, stamp duty rates vary from 1 to 7 percent, dependin... More » Business & Finance Taxes

Stamp duty land tax is applicable on most purchases and transfers of commercial property. Commercial and mixed-use properties that have a value up to 150,000 British pounds with annual rents of less than 1,000 pounds are... More » Business & Finance Taxes

Stamp duty land tax is generally payable on the amount of equity transferred if the transfer involved an exchange of items of economic value such as money, the buyout of a mortgage or an exchange of stocks for equity in ... More » Business & Finance Taxes

Tax abatement programs can eliminate or reduce property taxes for a certain number of years, according to Investopedia. Low-income families and senior citizens can reduce or eliminate property taxes through circuit break... More » Business & Finance Taxes