SDLT image of the future

Given the result from the recent EU referendum, property tax law within the United Kingdom will become more complicated. SDLT.co.uk has prepared for ‘What-if Brexit’ with government agencies like HMRC, Revenue Scotland, Companies House et al. Informally, they have implied that nothing will change in terms of the progression to Digital by Default.

The existing ‘devolution’ of property tax is confirmed as a “will happen policy”.

SDLT.co.uk have been technically, building for and aiming towards this current scenario, which is to be the Property Tax eSubmission experts for a devolved UK. Rest assured we have it covered for you – whatever side of the border you are on!

It is particularly ironic, that last Wednesday saw the breakthrough by LBTTax.co.uk (a sister service to SDLT.co.uk) of seamless integration with Revenue Scotland for the SDLT equivalent. Revenue Scotland’s’ policy towards outside involvement has shall we say, been challenging and in complete contrast, to that of HMRC. Scotland now has a property tax eSubmission choice with Scottish conveyancers now eSubmitting to Revenue Scotland via LBTTax.co.uk.

Brexit; we believe will accelerate all of us towards the need to eSubmit and liaise with up to five devolved and clearly separate tax collection agencies.

Remember that Welsh SDLT devolution IS happening April 2018 so the Welsh Assembly, the 33 Boroughs of London and Northern Ireland are watching and learning of the differences and will form their own property tax solutions based on what works best. These new systems will affect the property law departments in each country differently and where the border is porous in legal terms YOU and your clients will be affected. From a practical perspective, all the new agencies will be separate portals, login IDs’ and information requirements. A simple (as was) SDLT solution will not achieve what practically is needed by your conveyancers in the future.

SDLT.co.uk are committed to solving this issue of Property Tax devolution for YOU with significant investment based on a unique wealth of experience and credibility with government agencies having made in excess of 4 million eSubmissions to date. Our Single Sign-On platform will provide access for your conveyancers to all the devolved tax collection agencies. Integration with Case Management providers throughout the UK or use your own databases is possible to pre-populate your property tax returns with data you already hold. This includes post completion tasks already possible with HM Land Registry AP1 / FR1 forms and will also be with Registers of Scotland and the new registries for Wales, London and possibly Northern Ireland.

This article was submitted to be published by SDLT.co.uk as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

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