DOUBLE STAMP DUTY??

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    • January 3, 2006 at 11:44 pm #51464
      Anonymous
      Participant

      HI ALL IM IN THE MIDDLE OF BUYING MY FIRST PROPERTY IN MARBELLA BUT I JUST RECIEVED AN EMAIL TODAY SAYIN THAT I AM BASICALLY BEING CHARGED DOUBLE STAMP DUTY, IS THIS RIGHT OR IS SOMEONE TRYING TO TAKE ME FOR A MUG?

      I HOPE SOMEONE CAN HELP BECAUSE MY FAMILY AND I ARE SUPPOSED TO BE FLYING OUT ON THE 12TH JAN TO OUR NEW PROPERTY, THIS HAS BEEN DRAGGING ON SINCE SEPTEMBER

    • January 4, 2006 at 12:11 pm #60435
      Anonymous
      Participant

      To my knowledge. If you are buying a New property you dont pay stamp duty as such as you are paying VAT ( however there is a small amount under 1%)

      If the property is second hand you pay around 6%. These may have changed. But certainly no way there is a double stamp duty ot VAT . It is against the basic fundamentals of taxation

    • January 4, 2006 at 10:23 pm #60436
      Anonymous
      Participant

      I was also confused over this!
      Didn’t realise stamp duty had to be paid on property and again on mortgage.

      I found the following link helpful-
      http://www.marbella-lawyers.com/index/property … Calculator
      http://www.marbella-awyers.com/index/property/purchaseCalculator/

    • January 4, 2006 at 10:27 pm #60438
      Anonymous
      Participant

      Sorry the link should be
      http://www.marbella-lawyers.com/property/purchaseCalculator/

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