SDLT Compass

https://sdltcompass.co.uk/


SDLT Compass asks all the relevant questions before analysing deals to identify where reliefs or special rules may apply.


For standard transactions, Compass’s sophisticated algorithms provide an insured and indemnified Stamp Duty calculation of Stamp Duty Liability. For the more complex transactions, Compass ensures all the relevant information has been collected before referring the matter to our panel of experts, along with an overview of the potential issues identified to ensure that appropriate reliefs have not been missed and that the necessary conditions (including post completion conditions) have been complied with.


Compass is a one-stop application for all your SDLT needs, helping you to ensure that SDLT is calculated correctly for each of your clients first time, every time, and giving you the audit trail you need to prove it. Produce accurate SDLT numbers for your clients regardless of their circumstances or the type of property being purchased, avoiding the costs of:

  • Underestimated SDLT due to missed factors like additional properties, leading to loss of property and client dissatisfaction.
  • Overestimated SDLT leading to lengthy reclaim processes with HMRC and potential claims against your firm by the client.
  • Loss of professional reputation and higher PI insurance costs.

Compass allows your firm to avoid costly SDLT errors. It is a simple web-based interface and it is designed to produce a detailed audit trail to the specifications mandated in the latest CQS and Law Society tax guidance! Backed by 15+ years of experience, Compass analyses all 49 SDLT reliefs via 4 simple screens and provides 1 simple solution.


Key Services


Address

Milestone House,
18 Nursery Court,
Kibworth Business Park,
Kibworth,
Leicestershire,
LE8 0EX


Key Contact

Name: Chris Ward
Tel: 0333 305 0956
Email: [email protected]
LinkedIn Account: Chris Ward

Partner News

SDLT Compass: training and Q&A webinar

SDLT Compass are holding a webinar on 9th May at 2pm. The session will include training and a Q&A on Compass. The benefits on attending the sessions are: Learn more on how to use Compass as a one stop application for all your SDLT/LBTT/LTT needs. Be first to see our upcoming developments and how we […]Read More

Partner News

A beginner’s guide to SDLT

If you’ve ever bought and/or sold property in England, or indeed been paying attention to the news for the past year, you’ve likely heard the term “Stamp Duty”. SDLT stands for Stamp Duty Land Tax, which is referring to the exact same thing, only correctly. Confused? You aren’t alone. In fairness, the various terms people use […]Read More

Partner News

How SDLT Compass can help your firm

It’s quite likely that, up until the last few years, Stamp Duty Land Tax (SDLT) has not been a pressing subject in the minds of many UK Property Lawyers. Payable on all transactions above £125,000 at the moment, it’s hardly the most complex looking or exciting part of a property transaction, after all. You calculate […]Read More

Organisations

SDLT risks and how to solve them

Amid a recent drastic increase in property transactions and in light of increased claims in this area, we asked SDLT Compass, expert advisers on the subject, to highlight the key risks of SDLT and how best conveyancers can handle these. As one of the areas of work with the most PI claims, conveyancers face many risks, […]Read More

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