Reminder: new SDLT…
From 1 April 2021, different rates of stamp duty land tax (SDLT) will apply to purchasers of residential property who are not resident in the UK.
The purpose of the consultation is to provide comments on the statutory instrument to amend the fee chargeable and method of payment for local land charges searches in Wales.
Accompanying the consultation are the draft Local Land Charges (Fees) (Wales) Rules 2020 (“the draft Rules”) which will implement the new fees and methods of payment as from 1 April 2021:
The consultation closes on 3 November 2020.
We are supportive of the proposal to align the Welsh fees with those charged in England because a single universal fee is required for HM Land Registry’s new central, digitised system to work efficiently.