💷 Stamp duty clearance

About this category

A stamp duty clearance is a certificate that is issued by the Revenue Commissioners which states that an individual or company has paid the correct amount of stamp duty on a property transaction. The clearance is required by the Registry of Deeds when registering the transfer of ownership of a property.

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💷 Stamp duty clearance

templates

We don't have any templates in this category yet, but we are working on it. As we don't have a template for you to use you will find the details of law firms who may be able to help you listed below.

Associated business activities

Apply for relief

service When someone purchases a property in the United Kingdom, they are required to pay a tax called stamp duty. This tax is based on the value of the property. If the property is worth more than £125,000, the tax rate is 2%. If the property is worth more than £250,000, the tax rate is 5%. There are some circumstances where an individual may be eligible for relief from paying stamp duty. For example, if the property is being purchased by a first-time buyer, they may be eligible for relief. There are also some situations where the property is being purchased for a specific purpose, such as for agricultural or business purposes, where relief may be available. If an individual is unsure whether they are eligible for relief from stamp duty, they can apply for a clearance certificate from HM Revenue and Customs. This certificate will confirm whether the individual is liable to pay stamp duty and, if so, how much.