Labour's New Budget: A Blow to Landlords and the Housing Market? The latest budget has delivered some significant changes, particularly for landlords and high-net-worth individuals. Our latest article covers the new increased stamp duty for landlords purchasing properties over £500,000, the new hike in the Annual Tax on Enveloped Dwellings, and the general impact it will have on the housing market. Read the full article to learn about the potential consequences of these changes and how they might affect you or your clients. Link: https://lnkd.in/epkAr9Er #budget2024 #sdlt #ated #housingmarket #landlords #property #conveyancing #taxation
Compass
Real Estate
Market Harborough, Leicestershire 528 followers
The UK’s only fully comprehensive SDLT calculator providing a risk assessment - #sdlt #stampduty
About us
De-risk your business today! Compass is a one stop application for all your SDLT needs, helping you to ensure that SDLT is calculated correctly for each of your clients first time, every time, and giving you the audit trail you need to prove it. Produce accurate SDLT numbers for your clients regardless of their circumstances or the type of property being purchased, avoiding the costs of: . Underestimated SDLT due to missed factors like additional properties, leading to loss of property and client dissatisfaction. . Overestimated SDLT leading to lengthy reclaim processes with HMRC and potential claims against your firm by the client . Loss of professional reputation and higher PI insurance costs.
- Website
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https://compass.tech
External link for Compass
- Industry
- Real Estate
- Company size
- 11-50 employees
- Headquarters
- Market Harborough, Leicestershire
- Type
- Public Company
- Founded
- 2021
- Specialties
- Stamp Duty Land Tax, SDLT, Property tax, Conveyancing Quality Scheme, Conveyancing, and Law
Locations
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Primary
12A Compass Point Business Park
Market Harborough, Leicestershire LE16 9HW, GB
Employees at Compass
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Erika Milhauser
Real Estate Advisor
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Alex Mitchell
Head of Software Development at Compass
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Lindon Guscott
Owner at S8kerlife
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Toby Ginger
Process Improvement & Customer Success Manager - I specialise in managing technical customer projects from initial briefs to their completion, while…
Updates
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Is the pace of change picking up in the world of SDLT? The recent budget saw important changes to the Higher Rate on Additional Dwellings (HRAD). But what does this mean for the future of SDLT? This article from Compass explores the deeper implications of these changes and what they signal for the future of SDLT. Read the full article to learn more about the latest changes to SDLT and what they mean for you. Article: https://lnkd.in/eeDSH6wV #SDLT #HRAD #budget #tax #property
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The recent SDLT hike has added another layer of complexity to property transactions. With increased rates for additional homes and high-value corporate purchases, it's crucial to understand the implications for your investments. What's your biggest concern about these changes? Take our poll and share your thoughts! #SDLT #propertytax #realestate #investment #HRAD #propertymarket #ukbudget #autumnbudget
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Compass reposted this
The Autumn Budget 2024 has sent ripples through the UK property market, with significant changes to SDLT, investor taxes, and more. 🏡💰 Compass delves into the implications of these changes for conveyancers and buyers alike. Read our first reaction to it... 👉 https://lnkd.in/eKTghpzA #AutumnBudget2024 #PropertyMarket #Conveyancing #UKHousing #SDLT #FirstTimeBuyers #Investors
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The Autumn Budget 2024 has sent ripples through the UK property market, with significant changes to SDLT, investor taxes, and more. 🏡💰 Compass delves into the implications of these changes for conveyancers and buyers alike. Read our first reaction to it... 👉 https://lnkd.in/eKTghpzA #AutumnBudget2024 #PropertyMarket #Conveyancing #UKHousing #SDLT #FirstTimeBuyers #Investors
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Another 5* Review for us. We're thrilled to share another glowing testimonial from a satisfied Compass customer! Their feedback highlights the incredible value they received, stating that the £500 investment in our service is far outweighed by the substantial savings they've achieved. This kind of feedback fuels our passion for helping homebuyers optimise the process and drive impactful results. Compass continues to go from strength to strength, empowering buyers and conveyancers to unlock the full potential of SDLT reliefs. Ready to experience the Compass difference? #Compass #CustomerSuccess #5StarReview #SDLT #stampduty #conveyancer
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Have you heard about Megan's story? Megan feared that she would be subject to a higher rate because she was associated with a family trust. Compass solved the case. How much Stamp Duty tax do you think Compass saved? Take a look at the link below to find out. The point is, accurate SDLT calculations are not just a buzzword, but a serious part of getting of the home-buying process. Are you confident in your latest calculation? Could a second opinion help? Compass will help. https://lnkd.in/gnYhkZ2Q
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⭐⭐⭐⭐⭐ This is just one of our more recent reviews on TrustPilot. Stamp Duty isn't about reducing the calculation. Unlike simplistic calculators, our focus is on achieving the optimal SDLT outcome. This often leads to significant cost savings for our clients, thanks to the intricate nature of Stamp Duty and the potential application of over 50 reliefs. So many factors contribute to these reliefs and our platform calculates for all of them. The complexity of SDLT calculations necessitates specialised software. Our advanced platform ensures precise results, streamlining the process for both homebuyers and conveyancers. And it appears that they both love Compass for it! Get your quote today at https://compass.tech #sdlt #stampduty #calculation #tax
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Did you know that Stamp Duty calculations can be complex and lead to overpaying? Check out the case study below how potential savings can be made using an expert service. Key takeaways: Stamp Duty calculations can be intricate. Expert guidance is crucial to avoid overpaying. Software like Compass can streamline the process. Read more here: https://lnkd.in/eK6xcFKM #stampduty #tax #property #compass #advice
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Compass reposted this
💡 Join the FREE SDLT webinar from the experts at Compass 📣 What Home Buyers really think about Stamp Duty: Uncovering insights that every Solicitor should know 🔍 When? Thursday 3rd October 2.30pm Use this link to register your FREE place https://lnkd.in/e6Te33jU adding code 'WoodCi' to your name