Stamp Duty Land Tax

Stamp Duty Land Tax is charged on land and property transactions in the UK. The tax is charged at different rates depending on the value of the property.

Further information including the applicable rates and thresholds is available at www.hmrc.gov.uk/sdlt/index.htm.

Stamp Duty Land Tax payable by you (if any) will be detailed in the written quotation provided by us.

Capital Gains Tax

Capital Gains Tax may be payable on the sale of property. The tax normally does not apply if the property is your principle private dwelling. We recommend that you obtain specialist advice from an accountant as to the extent of any Capital Gains Tax liability.

Inheritance Tax

Now that you have bought your home, you will want to ensure that, in the event of your death, it will pass in accordance with your wishes.  The only way to make certain of this is to make a Will.

Our Private Client Department shall be pleased to advise you on this, and guide you through the complexity of making a Will, from the appointment of executors to the distribution of your estate and guidance on Inheritance Tax.

The cost of making a Will is surprisingly reasonable – probably far less than you expect – and there is no better time than now to make a Will or to review and revise if necessary an existing Will.  Please ask us for details.

Carol Laurence

Carol Laurence

Call: 01243 521726
Email: claurence@owenkenny.co.uk