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miyo360
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Last Activity: 07-03-2019, 14:32 PM
Joined: 18-10-2016
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  • miyo360
    replied to beneficial interest to wife + her tax
    Thanks jpkeates. Your advice matches that of both solictors I have asked. However, I have just relayed this to a tax accountant who insists it is the exact opposite. I quote her "bear in mind with a spouse you are transferring the chargeable consideration - its only with other transfers that just...
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  • miyo360
    replied to beneficial interest to wife + her tax
    I then spoke to a different solicitor. He said I should speak to an accountant, but he believes that my wife would need to pay SDLT in our case.

    House value: 300K
    Mortgage: 160K

    He said the chargable 'consideration' regarding SDLT would be half the mortgage, or £80K,...
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  • miyo360
    replied to beneficial interest to wife + her tax
    This is what my solicitor friend also told me, see post #6....
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  • miyo360
    replied to beneficial interest to wife + her tax
    Hello, apologies for the radio silence on this. I'm still getting advice from different people; solicitors, tax technicians, accountants. Each person I speak to seems to have a different opinion!

    In answer to the question above, no, the technician did not reference any specific guidanc...
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