Buying Commercial Property · glossary

SDLT (stamp duty land tax)

The tax a buyer pays on buying land in England. The return must be filed and the tax paid within 14 calendar days, beginning with the day after completion. The Land Registry will not register the transfer without HMRC's certificate that it was paid. Chapter 10

Explained in Chapter 10, After Completion: Tax and Registration, of Buying Commercial Property.

How it comes up, in Chapter 10
The first job after completion is a tax. Stamp duty land tax (SDLT) is the tax a buyer pays on buying land in England. Fellgate pays it, and the seller pays nothing.
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