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HMRC Continues To Update SDLT Submission Procedure

by Jason Gorringe, Tax-News.com, London

06 February 2007


HM Revenue and Customs announced on Monday that practitioners who submit stamp duty land tax (SDLT) returns electronically will benefit from an enhancement to the UK tax authority's online service.

They now get their SDLT certificates (SDLT5) electronically by return, without having to wait for paper copies to be sent by post.

Since Stamp Taxes Online was introduced in August 2005, over 370,500 SDLT returns have been submitted electronically across the UK.

Jim Ferguson, Stamp Taxes' Business Director announced that:

"We know that Stamp Taxes Online has been incredibly popular to date, and this enhancement will speed-up processes considerably."

"Being able to receive SDLT certificates within a few moments of submitting returns, will be of enormous benefit to busy practitioners working in today's booming property market."


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