sdlt.co.uk

Devolution of Property Tax in Wales makes headway

15th December 2016

Welsh Revenue Authority (WRA) is starting to create their policy and direction plan for replacing the current Stamp Duty Land Tax (SDLT) with Land Transaction Tax (LTT) in Wales. WRA have taken an interest in what their contemporaries in Revenue Scotland have and have not done. The Scots have had a replacement to SDLT since April 2015 called LBTT. The Scots system works but its security is frustratingly over-engineered from its users’ perspective. SDLT.co.uk have a sister application LBTTax.co.uk for Scotland and will have LTTax.co.uk for Wales.  

 

 

 

SDLT.co.uk Managing Director, Archie Courage, has an early adoption meeting with WRA in January 2017 and will be discussing comments from SDLT users who practice conveyancing in Wales. If you have any contributions please get in touch by emailing us at lttax@sdlt.co.uk

Further Devolution, discussions have taken place last week with the Registers of Scotland (RoS) that mirrors that of the Land Registry. RoS are interested in the API documentation journey that SDLT.co.uk have experienced over the years and hope to make LBTT connect with RoS, much like now exists between SDLT and eAP1.

Digital by Default is happening right now!

All of this recent activity is a good demonstration of the governments push for Digital by Default initiative which is happening in the UK for real and thus a question for you. Are my Law Firm’s systems and software enabled to handle Digital by Default?

Beware of imitations. 

There are several copy-cat applications to SDLT.co.uk none of which are produced by ‘Property Tax eSubmission Experts’ whom inevitably will regret starting down a steep and expensive development path in Property Tax eSubmission. SDLT.co.uk were first in, the largest and the best, with a 99.8% successful track record and over 4 million esubmissions.  SDLT.co.uk already accommodates devolved property tax in Scotland and will accommodate for devolved agencies as they evolve with Wales coming on line in April 2018. Rest assured you will be looked after by SDLT.co.uk, who are the “Property Tax eSubmission Experts for a devolved UK”.

 

 

Join our
mailing list

Stay informed of all the latest updates and industry news. Sign up now
Formevo
© Copyright Cockerel Software Ltd 2015. All rights reserved. Terms of use Privacy and Cookie Policy
Registered in England 03505184. City Gate, St James's Boulevard, Newcastle upon Tyne, NE1 4JE.