Discover How You Can Legally Avoid Paying Stamp Duty!
March 29, 2010 | Posted by admin Discover How To Avoid Stamp Duty says Solicitor in Sutton Coldfield
Solicitors in Sutton Coldfield have begun a very clever a revolutionary new scheme to exploit loopholes in legislation which means they can assist their wealthy clients who want to buy property worth over £500,000 to completely mitigate Stamp Duty on their purchase!
The scheme is 100% legal and has produced average savings of tens of thousands of pounds for clients. It also has a 100% success rate to date.
Naturally, the solicitors in Sutton Coldfield are a little reticent to talk in detail about this scheme as the method is a closely guarded trade secret.
However they said that it involves the use of “legislation intended for specific purposes ¬ñ but in particular provisions relating to the process for Islamic loans”. The scheme can be applied to any purchase of property so long as it is of sufficiently high value.
There is no downside to the scheme as purchasers save much more than the fees charged to set up the transaction.
For example, a buyer who will have to pay 5% following the latest budget on the purchase of a £1 million house must pay £50,000 Stamp Duty.
On this purchase, using the Zero Rate Stamp Duty Scheme the purchaser pays only £20,000 (plus Vat), giving them a massive saving of nearly £30,000! This includes all conveyancing fees and all related other charges, and the higher the value of the property the more a purchaser can save.
I think most people would agree that this money is better off in their own pocket than going straight to the tax man!
If you are buying an expensive property (or you know somebody who is) you probably owe it to yourself or your friend to check this out. You can visit Harvey McKibbin or try the Law Society website if you want to see if you can find another firm that knows how to do this.
Alternatively you can also call Harvey McKibbin 24 hours per day to get more advice so if this seems like the scheme for you simply call 0121 240 9115 Now¬Ö
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