Deputy Prime Minister Angela Rener Is He told the stamp duty on a sea shore flatTo motivate a tax specialist to label a tax “confusing disturbances” to label the property.
Ms. Rainer’s entry is as follows Rising pressure and media reports claim that he saved £ 40,000 But Hove Property by removing his name from a family house Ashton-Under-Line Constituency.
Ms. Rener said that she bought Hov Flat after selling her stake in another house for her son’s trust. She said that she initially believed, based on legal advice, she was responsible for the standard rate of stamp duty.
However, he was later advised that despite not being the owner of any other property at the time of procurement, “The complex provisions related to the trust gives rise to additional stamp duty liabilities”.
This phenomenon highlights the complex nature of stamp duty, which is applied in “slabs”, paying the growing parts of the property price when purchasing residential property with home buyers.
Stamp duty is charged in England and North Ireland. Scotland and Wales apply separate property taxes.
Experts in the housing market have emphasized the significant importance of householders to understand their obligations.
For example, the current “nil rate” band for a home-mother is £ 125,000 as their only home to buy a property, recently lower than April 2025 to £ 250,000.
Home-boys usually have to pay 5 percent at the top of stamp duty rates if buying a new residential property means they will be the owner of more than one.
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However, in some cases, buyers may not have to pay an additional 5 percent if they are replacing their main home and selling their previous one.
Posting on X, the founder of the Tax Policy Associates, Dan Needle said that in the situations where people are buying a house and “everything is simple, you can ask your conversion how much stamp duty is there to pay”.
But he said that in complex situations “this is a very bad idea”.
Mr. Needle said: “Large point: Stamp duty is a misleading mess. Tax should not exist. The second house is surcharge dowry.
“Why are we taxing someone who buys two £ 500k house £ 55k (£ 15k + £ 40k), but someone who buys a £ 1m house £ 43k? Where is the argument?”
Property expert and TV presenter KIRSTIE ALLSOPP posted on X: “I always wanted everyone to understand that the so -called 2 home surcharge is a vicious small tax that holds people in some of the most difficult stages of their lives (SIC).
“If Angela Rener did not understand how it works, then how are the rest of us?”
David Hallingworth, an associate director of L&C Mortege, said that the trust of the trust is not something that most home-boys will need a factor in their conditions.
Speaking about stamp duty usually, Mr. Hallingworth said: “Stamp duty land tax has become more complicated with surcharge only over additional assets, so expert taxes become more important to seek advice.
“The more complex situation will be more expert that advice will be required.”
Property Professional Body Propertymark Chief Executive Nathan Emeron said: “Both purchasing and selling property continuously rank as a stressful process, but also that continuously develops, many are included in it.
“In practice, understanding what can be done while purchasing property, it will probably be unfamiliar to many people.”
He continued: “Any amount will be really personal and may vary depending on many aspects, such as the first time you are buyers, the price of the property being purchased, or if you are probably buying an additional property, for example.
“You should make sure that you re -examine the presented paperwork and all the figures mentioned are correct and represent the correct picture.
“Within this process, it is always advisable to consider professional advice and fully understand what can happen before all relevant information.”
Ms. Rener, who divorced in 2023, said in a statement that she had agreed to a “nesting arrangement” where the children remained in the family’s house.
He said that the Instruction Trust of a court was established in 2020, “after a deep personal and disturbing incident involving my son as a premature child”.
The statement continued: “They were left with disabilities throughout their lifetime, and the trust was established to manage the award on their behalf-a standard exercise in circumstances likema.
“To ensure that he continues to stability in the family’s house, which was adapted to his needs, we agreed that our interest in the family’s house would be transferred to the trust directed by this court, with the sole beneficiary.
“Some interest in our family’s house was transferred to the trust in 2023.”
In January 2025, Ms. Rener said that she sold the remaining interest in the property to her son’s trust.
The statement said: “We moved the property as it was in the best interest of our child. I worked as any parents.
“Sales of property in Ashton-under -in for the trust have not changed my family life. It remains my family home, as it has been over a decade for more than a decade.”
After selling his stake to the trust, Ms. Rener said that she bought the hov property in May 2025, using a lump sum to sell his stake in his Ashton house, “which was the only property and where my savings were”, for the amount deposited on my new.
He said that he obtained a hostage to finance the rest.
Ms. Rener said, while buying property: “My understanding, on the advice of lawyers, my circumstances meant that I was responsible for the standard rate of stamp duty.
“However, given the recent allegations in the press, I have later sought further advice from a prominent tax lawyer to review the situation and ensure that I am fully complying with all tax provisions.
“I am now advised that although I was not the owner of any other property at the time of procurement, the application of complex demolition provisions related to my son’s trust gives rise to additional stamp duty liabilities.
“I accept that due to my dependence on advice from lawyers, which did not take proper attention to these provisions, I did not pay proper stamp duty at the time of purchase.”
Ms. Rainer said that she is working with lawyers and working HM Revenue & Customs To resolve the case, “and pay the reason”.