yekim1967 Posted March 13, 2011 Share Posted March 13, 2011 The stamp duty exemption only applies to those who have never bought before. Just wondering how they check who has not bought overseas. If you bought overseas, how will the tax office know? Quote Link to comment Share on other sites More sharing options...
catmandu Posted March 13, 2011 Share Posted March 13, 2011 As far as I'm aware they wouldn't know if you had not declared it at any time. But you would be done for fraud if they found out. Quote Link to comment Share on other sites More sharing options...
tim123 Posted March 13, 2011 Share Posted March 13, 2011 As far as I'm aware they wouldn't know if you had not declared it at any time. But you would be done for fraud if they found out. And if your solicitor knows that you have lied on the form he is obliged to report you Quote Link to comment Share on other sites More sharing options...
TTD Posted March 15, 2011 Share Posted March 15, 2011 The stamp duty exemption only applies to those who have never bought before. Just wondering how they check who has not bought overseas. If you bought overseas, how will the tax office know? They don't. They rely on you completing the Stamp Duty return (a taxation return) with the same degree of honesty that you would apply to your self-assessment tax return - i.e. if you lie about it, it's tax fraud. Do you feel lucky today? Quote Link to comment Share on other sites More sharing options...
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