Stamp Duty Mitigation
Stamp Duty Mitigation or Stamp Duty Land Tax (SDLT) Planning is a form of tax planning which makes use of UK tax law to minimise the amount of SDLT that has to be paid. Stamp Duty Land Tax planning applies to Residential, Commercial and Land purchases over £250,000.
Stamp Duty Mitigation utilises techniques and strategies designed by specialist tax consultants to reduce the taxable value of the property or the interest to be paid. The advice is supported by robust Queen's Counsel opinion.
Tax Planning is the use of UK tax law to minimize UK tax liabilities for taxpayers. It is sometimes, but incorrectly, known as ‘tax avoidance’ and must be distinguished from ‘tax evasion’. Simply put, the former is legal and the latter is not.
Tax planning might be considered as getting the best possible deal available within the law. It is highly specialized area mainly practiced by a small number of specialised firms of tax consultants and members of the bar in the UK.