Definition
SDLT means Stamp Duty Land Tax. It is a UK transaction tax that can apply when buying land or property in England and Northern Ireland.
How it affects a property deal
SDLT is part of the true entry cost of a purchase. In Koreograph it affects cash in, payback, ROI on cash, total wealth and the offer level a deal can support.
What to check
- Whether the property is residential, commercial or mixed-use.
- Whether the additional-property surcharge applies.
- Whether non-UK resident or first-time buyer assumptions are relevant.
- Whether the transaction is unusual enough to require manual tax advice.
Koreograph calculations are illustrative and should be checked with a qualified adviser before purchase.