SDLT is one of the most misunderstood taxes, but if clarity is provided then it can be a useful tool in your financial journey. In this episode, Shaz explains SDLT exemptions and reliefs that'll allow you to pay zero!

KEY TAKEAWAYS

• An SDLT isn't as well understood as it should be, but if properly viewed, it can provide you with exemptions and reliefs that'll alleviate your finances considerably.
• If you occupy your house in the last two years, and sell it to a development company as part of a plan to buy a property from them, then you are exempt from paying SDLT
• If you buy a property through probate, via a limited company or partnership, you can spend up to £10,000 or 5% of the purchase price on fixing up the property - then sell the property, you will pay no SDLT.

BEST MOMENTS 

'Keep a not of this if you're looking to buy a new house at some point in the near future'

'If you grant a lease on the property then the relief will be withdrawn'

'There is partial relief, but stay within the numbers'

 

VALUABLE RESOURCES

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ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

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