Can the 3% surcharge apply where the purchase of a dwelling includes other land?
3% Additional Rate, Mixed Use
I’ve heard that some lawyers are treating a purchase of a house with plot as mixed use and not paying the stamp duty surcharge. Are you aware of such a loophole?
The 3% surcharge only applies where the transaction is entirely residential and taxed under Table A. That is what the legislation provides so I wouldn’t call it a loophole.
At the time of publication this response was correct however as tax legislation and practice change from time-to-time you should take specific advice before taking any action.
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