[Anonymous]

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

[Anonymous]

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

[Anonymous]

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/

[Anonymous]

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

[Author]

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