Reducing PII risks of UK property: insight from Howden’s Group and SDLT Compass

Reducing PII risks of UK property: insight from Howden’s Group and SDLT Compass

Edward Donne, Howden’s Group, discusses Professional Indemnity Insurance and the risks associated with PII. Chris Ward, SDLT Compass, provides insight into PII and how Compass can eradicate the PII risks and benefit your firm.

 

 

When?

Tuesday, 14th June 2022, 2:00PM

To join, click HERE or email [email protected] to be added to the Webinar in advance.

This article was submitted to be published by SDLT Compass as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

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

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