You may have heard of David Hannah before if you have sold residential property and had to pay SDLT (Stamp Duty Land Tax). David and his team of tax consultants as Cornerstone, the company he founded, have helped countless people claim back tax they overpaid when selling property. SDLT is something that everyone pays when selling houses, and the amount you have to pay will depend on how much you paid for the property and when you bought it. You can click here to get more detailed information on SDLT and the rates that are charged, and if you think you have overpaid, head over to Cornerstone and speak to one of their advisors.
A Highly Experienced SDLT Specialist
David Hannah is a qualified and experienced SDLT specialist who is a member of the Chartered Institute of Taxation (CTA) and an Associated Chartered Accountant (ACA). David started working for a company as an SDLT specialist and worked there for three years and became disillusioned with how the company was run and he became frustrated. He was keen to offer his clients a fantastic service and try to help them save as much money as possible. So, one day he founded Cornerstone and build the company to become one of the leading property tax specialist firms in the UK.
How David & His Team Can Help You?
When you initially look at stamp duty when selling property or land, t can seem straightforward and simple to calculate. However, many people end up overpaying as they are unaware of the more than 30 exemptions available, which can help you pay less tax on the sale. When selling the property or land, your solicitor will use the HMRC online Stand Duty Land Tax calculator to tell you what you need to pay. However, HMRC has said this is a tool to indicate what needs to be paid and will not give you a definitive total of tax to pay, nor is it 100% accurate.
Working out stamp duty owed can be a complex task, and you will want to speak to specialists such as David Hannah and the team at Cornerstone to simplify the task of paying stamp duty. The specialists at Cornerstone can assess your situation and see if any of the exemptions apply to your situation and potentially help you save money and get a refund from HMRC on what is paid in stamp duty.
Why Use A Specialist Tax Firm To Claim Back Overpayments?
Tax can be highly complicated, and stamp duty is no different, so you may want to consider using a specialist tax firm to help with your claim. Stamp duty can be so complicated because of how many times the laws on this have changed over the years. There is often a time limitation on applying for a refund, but there are also exceptions, making it confusing. Using a specialist firm such as David Hannah’s Cornerstone can make the process painless and straightforward. Even if you are not sure if you have overpaid or not, get in touch with the specialist at Cornerstone today, and you may be in for a windfall that you were not expecting.