HMRC have updated their SDLT guidance notes to reflect the abolition of multiple dwellings relief for transactions which complete (or are substantially performed) on or after 1 June 2024.
Multiple dwellings relief was available for transactions where:
contracts were exchanged on or before 6 March 2024;
contracts were substantially performed before 1 June 2024; or
HMRC have updated their SDLT guidance notes to reflect the abolition of multiple dwellings relief for transactions which complete (or are substantially performed) on or after 1 June 2024.
Multiple dwellings relief was available for transactions where:
contracts were exchanged on or before 6 March 2024;
contracts were substantially performed before 1 June 2024; or
