According to the HMRC’s announcement released today, the Stamp Duty rates have changed. Please find the new ones below:
The rules for calculating Stamp Duty have also changed, buyers now having to pay the rate of tax on the part of the property price within each tax band.
As the changes will take effect tomorrow, 4th December our clients will be offered an updated version of our conveyancing software by the end of the week.
Please note that the aforementioned reforms only affect residential properties. More information is available here.
Update- 9/12/2014- Our system was updated on Friday, 5th December. Please download the latest version of DPS Convey from the User Area if you haven’t done so yet. In case you are hosted with us, then the update has already been applied to you automatically.
Added By: DPS Software | Date Added: 3rd Dec 2014