SDLT Compass

The HMRC SDLT Calculator is not fit for purpose – fortunately, there is an easy solution.

In 2018, answering a query from the Times Newspaper, HMRC said that their online SDLT calculator was intended as ‘a guide’ rather than a final calculation. According to our own estimates, the calculator may be giving incorrect answers on as many as one in four cases.

The calculator is simply not sophisticated enough to deal with the many variables inherent in an SDLT calculation. It asks basic questions and forgoes issue such as MDR, Mixed-Use and various other reliefs and exemptions. It is also as good as useless for Higher Rate Additional Surcharge cases.

All this leaves you reliant on HMRC turnaround times, and staff who are prone to basic errors of fact such as not understanding the difference between a common law couple and a civil partnership (as one concrete example).

Compass was built from the ground up to be the most comprehensive, accurate and up-to-date SDLT calculator available in the U.K. today. Designed with input from Chartered Tax Advisers and Conveyancing Lawyers, it integrates seamlessly into any case management system.

Simple to use, clearly laid out and constantly updated, Compass will provide you with the right answer first time, every time, backed up by dedicated advice from a team of experts. It’s also designed to comply fully with your CQS requirements, producing a detailed Audit Trail for each case.

Call us today to see how we can make your firm more efficient, more profitable and more popular in just a few clicks!