Stamp tax just got easier
February 5, 2007 by admin
Filed under News, News-Mortgages
An update to the Stamp Taxes Online website could considerably speed up the process of buying a house for many.
Those wishing to submit stamp duty land tax (SDLT) returns online will now be able to receive their certificates electronically, rather than waiting for the paperwork to arrive in the post.
It means that the time between getting a mortgage and moving into a new home will be dramatically reduced.
Stamp Taxes Online was launched in August 2005 and has proved remarkably popular, with over 370,000 of us submitting our SDLT returns in this way.
HM Revenue & Customs says that doing SDLT returns electronically, homebuyers cut down on administration time and are assured greater accuracy.
“We know that Stamp Taxes Online has been incredibly popular to date, and this enhancement will speed-up processes considerably,” said Jim Ferguson, Stamp Taxes’ business director.
“Being able to receive SDLT certificates within a few moments of submitting returns, will be of enormous benefit to busy practitioners working in today’s booming property market.”
If you are in the process of buying a new home and need to submit your SDLT returns it may be worth trying to file them online, potentially saving you time and guaranteeing the accuracy of the information provided.
