HMRC stamp duty investigations double in one year
Original Article Summary
HMRC investigated more than 3,000 taxpayers for stamp duty avoidance in 2024-25, nearly double the 1,617 investigations conducted the previous year. The tax authority recovered £201 million, averaging £66,000 per case, as it intensifies scrutiny of the self-declared tax system. The post HMRC stamp duty investigations double in one year appeared first on PropertyWire.
PropMatch Curated Analysis
HMRC doubled stamp duty investigations to over 3,000 cases in 2024-25, recovering an average £66,000 per case, signaling intensified tax enforcement that increases compliance risks for property investors.
Investor Relevance
This directly impacts all property investors through increased audit risk, potential penalties, and the need for enhanced due diligence on stamp duty returns. Investors must be more cautious about refund claims and ensure accurate self-declarations, especially for second homes and complex ownership structures.
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