About the Business

As of midnight 03 December 2014, the slap style bands for paying stamp duty land tax have been replaced by a graduated rate scheme similar to how you pay your tax on your personal self assessment tax returns. Under the old slab system buyers would pay a single rate on the entire purchase price of the property. Under the new system, you only pay stamp duty of the proportion.

The HMRC Distraint Notice (EF1) is the process of legally taking possession of goods for sale at public auction to make payment towards (or in full) an unpaid tax bill. Only HMRC and landlords have the ability to do this without the need to go to court. This is not an empty bluff, HMRC can really do this. Because of its simplicity, HMRC are starting to use this other than.

Location & Hours

7 Lindum Terrace

Lincoln, LN2 5RP
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