New fitness for human habitation legislation – what it means for RPs
New legislation is being introduced that will put further…
Read More › ›The changes will affect purchasers of land (which includes tenants taking leases) in England and Northern Ireland, and conveyancers and other agents who submit SDLT returns and make SDLT payments on behalf of purchasers.
However, the shortening of the time limit to file the SDLT return and pay the SDLT due will not change SDLT liabilities for a purchaser.
If you complete a purchase or a lease after 1 March 2019, it is vital that you ensure any SDLT returns are submitted and any SDLT paid within 14 days after the date of completion or, if sooner, the effective date of completion. Failure to do so will result in a penalty being payable together with late payment interest.
Usually your legal advisers will deal with this for you, however if you are not legally represented, it will be your responsibility to arrange for submission of any SDLT return and payment of any SDLT within the required, shortened timeframe.
For more information, or if you are intending to purchase or take a lease of property, please contact our Commercial Real Estate Team.
RT @insidehousing: Greater Manchester mayor @AndyBurnhamGM has picked housing association Great Places to deliver the city region’s Ho… https://t.co/L5lkkDoPZl | Croftons Solicitors 4 days, 13 hours ago
Our managing partner @SimonTLeighton is about to speak at @ManLawSoc trainee solicitors conference on how to impres… https://t.co/yOu0R7MoBP | Croftons Solicitors 1 week, 1 day ago
RT @RebeccaE1992: Good morning at Liverpool CC dealing with a return Injunction Hearing with my sidekick @ellielaveryx . Matter adjou… https://t.co/8EsMNvzSiM | Croftons Solicitors 1 week, 1 day ago
Fantastic job opportunities with a fantastic team 👇 https://t.co/DTi7Z8eqNC | Croftons Solicitors 1 week, 4 days ago
Let out for good behaviour 👇😉 https://t.co/uyTJ5BOGxm | Croftons Solicitors 1 week, 5 days ago
Croftons is the trading name of Croftons Solicitors LLP, a limited liability partnership registered in England and Wales with number OC343375. The term ‘partner’, if used, denotes a member of Croftons Solicitors LLP or a senior solicitor of Croftons Solicitors LLP with equivalent standing and qualifications. A full list of members is open to inspection at the office. Croftons is authorised and regulated by The Solicitors Regulation Authority (SRA) number 508041. Croftons has its principal place of business at The Lexicon, Mount Street, Manchester, M2 5FA.
© Croftons 2019 | All Rights Reserved