Payments
If you have further questions to those stated, or require more detailed information, please do not hesitate to contact us at info@sdlt.co.uk
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1 How do I pay stamp duty?
Detailed guidance, including all payments methods accepted, account numbers for electronic payments etc can be found here .
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2 Is there a charge for using SDLT.co.uk?
Yes. There is a small disbursement charge of £7.00 + VAT (£10 + VAT for our fully- online-managed version) for each successful e-submission. Most firms pass this small charge onto their client as a disbursement on the client bill. SDLT.co.uk collect the submission fees via a monthly direct debit from your bank. Five days before the payment date, you are emailed the previous month's transaction report and a copy invoice for your cashiers.
The Law Society’s guidance to date has been to charge £50 + VAT per SDLT form that you complete on your client's behalf. You, acting as agent, are offering a service. What you are offering when using SDLT.co.uk is part of that service, so either add the SDLT.co.uk submission fee on as a disbursement or absorb the fee per matter, knowing that the time wasted and money lost with rejected manually filled in forms more than outweighs the minimal cost of using SDLT.co.uk. -
3 What is the the SDLT.co.uk disbursement charge for?
This charge per successful submission includes remote installation assistance and online training, technical support and product updates.
It is expected that you pass this charge onto the client. Paying Stamp Duty is a requirement of the client, not you. The client could complete the SDLT themselves but in reality we know that this is done by you, therefore you are fully entitled to charge the client for the costs you incur in completing their return. -
4 How do I pay the SDLT.co.uk charge per E-Submission?
You pay via a Direct Debit Mandate, as you will most likely do for your electronic searches. The SDLT.co.uk charge per submission is such a low charge that its administration of billing and collection must be efficient and easy for both you and ourselves.
Once a month you will be emailed a transaction report vatable invoice. The invoice clearly shows the date, the UTRN ref, your matter number, the client's surname, address and postcode as well as the name of the person in your firm that actually submitted the return.
You have five days with which to query anything on the transaction invoice, after which we shall automatically debit your account as per the mandates instruction.
