From 1st March 2019 SDLT Must Be Submitted And Paid Within 14 Days Of Completion
Are you ready for this change? As of 1st March 2019 the timeframe to submit a Stamp Duty Land Tax (SDLT) return, and pay any SDLT due, will reduce from 30 days to 14 days from the effective date of the transaction. Pali’s recently launched Post Completion System enables solicitors, conveyancers and support staff across England […]
Persimmon Share Value Plummets Amidst Help To Buy Speculation
Following the news that Housing Secretary James Brokenshire is considering removing the Government’s coveted Help to Buy scheme from Persimmon PLC, shares in the company fell by almost 5% on Monday. The company’s share value fell by 4.7% on Monday and ended trading with a value of 2,352p as investors worried that the company could […]
GDPR Regulators Set To Enforce Harsher Fines For Non-Compliance
Since GDPR came into force eight months ago over, official regulators have been notified that over 59,000 GDPR data breaches have taken place across the EU. It has been six months since General Data Protection Regulation (GDPR) was brought into force on May 25th 2018. Under the new regulations, any firm that is breached and […]
Additional Derelict Dwellings Not Liable For SDLT Surcharge
Derelict, uninhabitable properties have never looked so appealing for property investors as a recent ruling means that additional property bought in terrible conditions could bypass the current excess stamp duty land tax surcharge (SDLT) of 3%. The 3% surcharge on additional dwellings has been lucrative for the government since its introduction in 2016, with £4.9 […]