Independent information for property purchasers looking for potential benefits of Stamp Duty Mitigation and Exemption strategies. The Stamp Duty Mitigation schemes can potentially save £1000's for both residential and commercial property purchases in England & Wales.
Tuesday, 20 July 2010
Stamp Duty Exemptions & Buying a Property Over £500,000
If you could legally save 50% of the Stamp Duty Tax due on your property purchase of £500,000 would you be interested in doing so? Of course you would!
With the savings you make, wouldn't it be great to use this money to upgrade your kitchen or bathroom or improve your flooring? You could even do a complete overhaul depending on the size of your purchase!!
Through legal Stamp Duty Tax Planning there are a few schemes which will, after associated fees and costs, help Save you 50% or more of the Stamp Duty Tax you will have to pay on a residential or commercial property purchase in England and Wales.
If you consider, a £500,000 property purchase, with the Stamp Duty Tax rising to 4% from March 2010, you will have to pay £20,000 to HMRC.
Surely, if you can save £10,000 or more through Stamp Suty Tax planning you would be open to using a specialist Tax Lawyer to help to you do this, right? Of course you would be cause it makes financial sense.
For a property purchase of £1,000,000 you will have to pay 5% Stamp Duty Tax (from Jan 2011), that's £50,000! So, if you could save 50% of this cost, AFTER all fees and costs, anyone can see it benefits to make suitable tax planning arrangements to take action and make these savings.
For more information please call Zach Kendal 0870 063 8661 and we will put you in touch with several Tax Planning experts to help you easily save £1000s on your property purchase right away. Remember, EVEN if you have exchanged, you can still make large savings on your Stamp Duty Tax costs so call 0870 063 8661 today!
Independent Stamp Duty Mitigation
Stamp Duty Exemption Planning Advice. If you could potentially save £1000's by using Stamp Duty Land and Tax planning strategies, why would you not want to save your money?
For information of users: This material is published for the information of clients. It provides only an overview of the regulations in force at the date of publication, and no action should be taken without consulting the detailed legislation or seeking professional advice. Therefore, no responsibility for loss occasioned by any person acting or refraining from action as a result of the material can be accepted by the authors or firm.
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