Disadvantaged areas relief was available under stamp duty for transactions involving both residential and non-residential property situated in qualifying areas, where documents were executed between 30 November 2001 and 30 November 2003 (inclusive).
Relief under stamp duty was available for residential transactions where the consideration was £150,000 or less. For non-residential transactions, from 30 November 2001 to 9 April 2003 (inclusive), the same limit applied but from 10 April 2003 to 30 November 2003 (inclusive), unlimited relief was available.
Relief may also be available under stamp duty in certain cases where stamp duty applies to a document executed after 30 November 2005 in pursuance of a contract entered into on or before that date.
For further information about disadvantaged areas relief under stamp duty, please call the Stamp Taxes Helpline.
Please note, however, that, due to the operation of statutory time limits, disadvantaged areas relief under stamp duty cannot be claimed retrospectively more than two years after a transfer document was executed.
