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3rd December 2010 at 6:57 pm
#508
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Following discussions with the client’s accountants, it appears the client is considering amending the SLDT Return. However, the para 6 (FA03, Sch 10) time limit for amendment has passed (the effective date was March 09) so if the client is to pay the additional SDLT is it as simple as writing to HMRC to explain the situation and to pay the tax? (I have now seen a third party property valuation that lends support to the higher property value as stated in my OP.)