SDLT with transfer of equity

Hello. Me and my sister own a second property with a 60/40 split. With myself having the greater share. My sister would like to transfer an additional 20 percent to myself for £36k In this case I assume SDLT isn't payable as the additional share I purchase from her is below the £40k threshold Am i correct?? The property is worth £180k in total. After the transfer it would be a 80/20 split in my favour. Many Thanks

Hi,

Please contact our Stamp Duty Land Tax team for advice.

Stamp Duty Land Tax

Thank you.