SDLT: multiple dwellings relief | Practical Law

SDLT: multiple dwellings relief | Practical Law

This practice note discusses multiple dwellings relief (MDR), which was available for land transactions with an effective date before 1 June 2024 that meet certain conditions and operated to reduce the rates of SDLT chargeable on the transaction and therefore the amount of SDLT due. MDR has been abolished for land transactions with an effective date on or after 1 June 2024, subject to transitional provisions and to regulations that may be made to preserve MDR for certain land transactions.

SDLT: multiple dwellings relief

Practical Law UK Practice Note 9-540-7009 (Approx. 39 pages)

SDLT: multiple dwellings relief

by Practical Law Tax
Maintained • England, Northern Ireland
This practice note discusses multiple dwellings relief (MDR), which was available for land transactions with an effective date before 1 June 2024 that meet certain conditions and operated to reduce the rates of SDLT chargeable on the transaction and therefore the amount of SDLT due. MDR has been abolished for land transactions with an effective date on or after 1 June 2024, subject to transitional provisions and to regulations that may be made to preserve MDR for certain land transactions.