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SUMMARY:Removing SDLT Risk from Your Firm
DESCRIPTION:SDLT may be a routine part of conveyancing\, but the responsibility for getting the calculation right can create significant risk for firms. \nWith increasing scrutiny around SDLT\, including growing interest from Professional Indemnity insurers in how firms manage this area\, The Search Bureau is delighted to welcome 4Stamp for a practical webinar exploring where SDLT liability sits and how firms can strengthen their processes while transferring responsibility for the tax calculation. \nAt the heart of the session is a simple question: \nIf the SDLT calculation is wrong\, who carries the risk? \nWe’ll explore how a structured process of gathering information directly from the purchaser\, conveyancer verification and specialist review can establish the correct SDLT position while creating a clear audit trail for every transaction. \nWe’ll cover:\n– Where SDLT risk sits within your firm – and the potential liability associated with determining the correct tax calculation.\n– The role of the purchaser and conveyancer – gathering the right information\, identifying discrepancies and verifying transaction details.\n– What happens when a transaction isn’t straightforward – and where specialist tax expertise can provide additional support.\n– Why verification and a robust audit trail matter – evidencing how the SDLT position was determined and confirmed.\n– How 4Stamp transfers SDLT calculation liability – and what that means for the risk retained by your firm.\n– SDLT and PII – why insurers are increasingly interested in how firms manage SDLT risk and the controls they can demonstrate. \nHosted by The Search Bureau in partnership with 4Stamp\, this practical session will help firms take a fresh look at their existing SDLT processes and consider whether responsibility for calculating property tax needs to remain within the practice at all. \nDon’t just manage your SDLT risk. Understand where it sits – and whether your firm needs to carry it at all. Book your FREE place now!
URL:https://boldgroup.co.uk/event/removing-sdlt-risk-from-your-firm/
CATEGORIES:Webinar
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