Tax Advisory
Private Advisory
Acquisition charges.
Understanding SDLT, ATED and the cost of entry before a purchase.
What it is
The cost of buying.
The charges on acquiring property — stamp duty land tax, the annual charge on enveloped dwellings, and the rates that apply to companies and additional properties — can add materially to the cost of a purchase, and they turn heavily on how and by whom the property is bought. Understood in advance, they inform the structure; discovered late, they are simply a cost.
We set out the acquisition charges that will apply before a purchase is made, and advise on the ownership choice that manages them — so the cost of entry is known and planned, not a surprise on completion.
How we advise
Stamp duty land tax
Establishing the SDLT due, including the higher and additional-property rates.
The enveloped-dwelling charge
Understanding ATED where a company holds residential property.
Buyer and structure
Advising how the choice of buyer changes the charge.
Planning before purchase
Settling the structure before completion, while it can still be changed.
Important information
The basis on which we advise.
This page is general in nature and does not constitute tax, legal or financial advice. Advice is given only under a formal engagement, on the basis of your specific circumstances.
ORA Black advises on the design, selection and coordination of structures; it does not act as trustee, foundation council member or administrator, and does not hold client assets. Fiduciary, formation and administration services are provided by appropriately licensed and regulated providers. Where regulated financial services are required, these are provided through ORA Black’s partnership with NEBA Private Clients.
Discuss your position in confidence.
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