Changes in Stamp Duty Land Tax (SDLT)

Significant changes to SDLT are coming into force from the beginning of April and there’s already a lot of confusion over its implications. Buyers (with less than 15 properties) will need to pay an additional 3% on properties they buy irrespective of whether they are for investment purposes or whether they are going to live there but given that there is a consultation period currently underway, more changes are expected.