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Will stamp duty land tax be due on the whole amount?
We are looking into swapping homes in Birmingham; our home is valued at £450,000 and theirs at £650,000, so we are going to give then £200,000. Please can you advise if we have to pay stamp duty land tax (SDLT) on the whole amount of both properties or just the sum of £200,000? 
 
Arthur Weller replies:  
See HMRC’s Stamp Duty Land Tax manual (www.gov.uk/hmrc-internal-manuals/stamp-duty-land-tax-manual/sdltm04020a) at Example 2 - you pay SDLT on the whole amount of £650,000. It is explained there that this amount is both the value of the interest you are acquiring and the amount of consideration you are giving to acquire it. 

This question was first printed in Property Tax Insider in March 2019.

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