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stamp duty and divorce

including wills and probate
mutantpoodle
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stamp duty and divorce

#284427

Postby mutantpoodle » February 15th, 2020, 9:11 am

unsure if this should be here or on 'taxes'
but as solicitors always keen for extracting every last bit I thought I would ask here as I am sure I not the first in situation.

in a divorce situation...all cash aspects etc have been discussed and amicably agreed which end up with a payment being made
an agreed sufficient and fair payment

the house ownership will need to be changed from wifes name into my name........the 'so called' value OF this was 100% included in other calculations
is the dreaded STAMP DUTY applicable as in theory I already own a share even if not actually on the deeds

I am looking elsewhere to find answers to this, but usually lemonfool is one of my morning coffee routine stops...so here first!!
Last edited by mutantpoodle on February 15th, 2020, 9:14 am, edited 1 time in total.

pochisoldi
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Re: stamp duty and divorce

#284438

Postby pochisoldi » February 15th, 2020, 9:52 am

A Google for "sdlt exemptions" yields:

https://www.gov.uk/stamp-duty-land-tax/ ... exemptions

mutantpoodle
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Re: stamp duty and divorce

#284451

Postby mutantpoodle » February 15th, 2020, 10:29 am

many thanks for that link

in as much as anything looks good at present...that at least appears (initially) to be favourable for me


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