Submitted by Sestini & Co
| on Sun, 10/06/2013 - 19:50 | In Uncategorized
Since its introduction in 2003 (and arguably prior to that date) SDLT has been a contraversial tax to say the least, as evidenced by the number of changes to the rates at which it is charged since its enactment. From a starting rate of 1% for properties costing at least £125,000 it now rises to 15% for properties purchased by certain “non-natural persons” for £2,000,000 or more.
One of the reasons for the controversy about SDLT is that it works on [- -]