30 days to pay stamp duty - Revenue

Although announced in November 2003, Revenue rules only came into force on Monday (19th) so many homeowners may still be unaware of the short deadline they now have to pay the property tax. Consumers will have just 30 days to file documents after the purchase of a property, although the Revenue says it will forego any late payment penalties in cases where paperwork is filed “no more than 40 days after the effective date of the transaction”. According to a statement issued by the Revenue, the tax authority will look where possible to process and issue any SDLT certificates as quickly a...