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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Maybe Yes this page is useful No this page is not useful Is there anything wrong with this page? This rule is modified where the purchaser is one of the following:. Use the SDLT3 form when the transaction involves more than one property.
If there is no VAT leave blank. This publication is available at https: Use one of the following codes. Use numbers not words, for example use 2 not two. Check Stamp Duty Land Tax rates and thresholds.
If you answered this question go straight to question DX Bootle 9 Do not use any punctuation or symbols. Enter the DX number on the first line and enter the exchange location followed by the exchange number on the second line, for example:. Thank you for your feedback. Periodic tenancy in England and Wales – enter the date the first period ends. Most transactions will be wholly satisfied by payment in money.
Leave blank if you entered code L at question 2 the grant dorm a new lease and complete questions 16 to Question 52 – number of purchasers included You must answer this question.
The amount of the penalty depends on how late you file your return. Find out more about cookies. If there is not a postal address then a from plan of the land is required including the dimensions and full description of the foem. Order the SDLT1 online or by phone. Enter here the total of these calculations in respect of all linked leases. HMRC reject returns that are filled in electronically but printed and posted, or printed and filled in by hand. More information is available about: Published 28 November Do not answer both questions.
An option is to buy land is a binding right granted by a landowner. To help us improve Sdt1. But if other types of consideration are involved in this transaction, you can show up to 4 different types of consideration. If you do not, you may have to pay a penalty.
For an individual who does not have a permanent National Insurance number, enter one of the following:. Question 20 – annual starting rent inclusive of VAT actually payable You must answer this question if you entered code For, or L at question 2.
If you did sdlh1 answer this question you must answer either question 50 or Question 68 – purchaser 2 surname or company name You must answer this question if there is more than one purchaser.
You cannot use photocopies of the SDLT1 return for different transactions. Question 17 – start date as specified in lease You must answer this question if you entered code A or L at question 2. Answer this question if the agent does not use a DX address question Solicitors for, legal conveyancers can submit your return online and pay any tax due once we:.
Question 2 – description of transaction You must answer this question. Leave blank if the purchaser is acting for themselves. You can correct minor errors by phone.
How to complete your Stamp Duty Land Tax SDLT1 paper return
Do not use punctuation or symbols. This rule is modified where the purchaser is one of the following: The total should include: There are different forms of consideration. More information about linked transactions is in the SDLT manual:.
Question 8 – is the transaction pursuant to a previous option agreement? You may complete the return on behalf of a client but the purchaser is responsible for the information given in the SDLT return and in any supplementary forms or schedules.
Guide to completing form SDLT1 | Practical Law
For Northern Ireland enter the folio number. Use a separate svlt1 for each line of the address making sure the house or building number and postcode are entered in the relevant fields. If the title is more than 6 letters, use abbreviations, for example show Captain as Capt.
You should only use letters, numbers and spaces in the description.