Skip to main content

beta This is a new service – your feedback will help us to improve it.

stamp duty

Answer
DebraLeahy
Posted Fri, 08 Nov 2024 19:10:39 GMT by DebraLeahy
My husband and I own our home. Last year I purchased an additional property, a flat for our son. The flat cost £65,000 and I paid higher rate stamp duty on it. We are now selling our main home and buying a new one, and I have been told we have to pay higher rate stamp duty on this. Is this correct, if so could we gift the flat to your son?
Answer
HMRC Admin 34 Response
Posted Mon, 11 Nov 2024 09:14:06 GMT by HMRC Admin 34 Response
Hi,
Please contact the Stamp Duty Land Tax team for advice.
Stamp Duty Land Tax enquiries
Thank you.

You must be signed in to post in this forum.