Changes to come into effect for stamp duty land tax returns

HM Revenue and Customs (HMRC) has announced that changes are imminent to the way that stamp duty land tax returns are to be submitted.

Both the paper SDLT return (including supplementary forms SDLT3 and SDLT4) and online screens are changing.

In future, more details will be required. Individual lead purchasers will need to give their national insurance number and date of birth.

Meanwhile, companies should use their company Unique Taxpayer Reference (UTR) or VAT registration number. Partnerships should use their Unique Taxpayer Reference or VAT registration number.

As from 1 April 2011, new SDLT forms will be available along with an updated edition of the SDLT6 guidance notes.

The old versions will remain in use but only until 3 July 2011. After that date only the new versions of the forms will be accepted. The new forms include the latest HMRC bank account details.

As from 4 July 2011, SDLT returns, online or paper, will only be accepted if lead purchasers have supplied the unique identifiers on the return.

Individual lead purchasers should use their National Insurance Number and date of birth.

Companies should use their company Unique Taxpayer Reference or VAT registration number, whilst partnerships should use their Unique Taxpayer Reference or VAT registration number.

Lead purchasers who don’t have any of these unique identifiers should contact the Stamp Taxes helpline to obtain a reference.

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