SDLTM80060 - Compliance: Introduction

HMRC powers

Stamp duty land tax gives purchasers new and more clearly defined obligations.

It correspondingly gives HM Revenue & Customs more clearly defined powers to ensure compliance with those obligations. These powers are balanced by a right of appeal.

Stamp duty land tax is a process now-check later regime.

Process now is underpinned by firmer procedural rules for filing of land transaction returns and payment of tax. Check later is supported by new enquiry and information powers.

Even if a repayment has been processed, the repayment claim or the land transaction return may still be subject to later enquiry and amendment.