| Laserform info-page for SDLT forms |
||||||||||||||||
|
IMPORTANT NOTICE - PLEASE READ
What's New 11 April 2014 April 2014 5 May 2013 Reminder All claims to relief for purchases of residential property where the effective date was before 6 April 2013 must be made on or before 5 May 2014. Claims after that date will not be accepted. Renewable Energy and SDLT HMRC has issued guidance on the SDLT position where air space or roof space is leased for the use of solar panels. The contractual right given to the landlord to use the electricity generated is consideration for SDLT purposes. The amount of chargeable consideration is the market value of the right at the effective date of the transaction. It is the responsibility of the taxpayer to establish the market value and make any necessary return in the appropriate manner. View the bulletin here. New numbers for HMRC Stamp Taxes - the SDLT Helpline number has changed; the new telephone number is 0300 200 3510. HMRC Stamp Taxes fax number is 0121 643 7538. HMRC published a note on the decision of the Court of Appeal in the cases of The Pollen Estate Trustee Company Limited and Kings College London v HM Revenue & Customs (HMRC). This relates to SDLT relief when a charity purchases property jointly with another person who is not a charity. Read the note here. Laserform SDLT eSubmisssions latest version is 1.1.6. If you are using an older version you should upgrade as soon as possible. HMRC introduced two new SDLT relief codes for use from 1 July 2013.
You will need to upgrade to at least Laserform version 9.6 on any machines which use SDLT eSubmissions. If you are not already using at least Laserform V9.6 you should upgrade to the latest version (V9.7). Your Laserform users within the practice will also benefit from the latest features in Laserform once you have upgraded. If you also need to upgrade Laserform, contact our Technical Support team by telephoning 0844 815 5501 or email Laserform helpdesk -you can upgrade Laserform at any time for no additional cost. The SDLT tax rate changes announced in the March Budget 2012 were included in the latest release of eSubmissions. If you are using older releases of eSubmissions do not use the SDLT calculator for returns where the property value is over £2,000,000. You should instead upgrade to V1.1.6 of Laserform eSubmissions. DUPLICATE SUBMISSIONS | ||||||||||||||||
|
There are limits to the number of characters/spaces in each field. Where necessary abbreviate your answers. You cannot use £, €, $, # or / symbols. Special note for SDLT1 question 49 - if you add the purchaser's National Insurance Number, you must also add their date of birth. You cannot use just one of these options. Where the purchaser (or purchaser no. 1 if more than one) is an individual, you must either answer both parts of question 49 or answer question 51. Sending plans or lease schedules to HMRCIf the SDLT return requires a plan to be sent to HMRC (see question 33 on SDLT1) this can be submitted by email to sdlt@voa.gsi.gov.uk. Send electronic schedules for leases and underleases that are subsidiary to the interest being transferred to the same email address. Form Help Where fields have a blue line along the left edge of the field, pressing the F1 key whilst the cursor is in those fields will open field specific Laserform help. You may need to upgrade the helpfiles to ensure you have the latest version Click here for instructions to update form help. Related forms available in Laserform
| ||||||||||||||||
|
Page last upd11 April, 2014ate --> |
||||||||||||||||
|
© Laserform International Limited |
||||||||||||||||