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    You are at:Home»Business»Who is David Hannah from Cornerstone? Things You Should Know
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    Who is David Hannah from Cornerstone? Things You Should Know

    Harrison MylesBy Harrison MylesNovember 30, 2022No Comments3 Mins Read
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    If you buy and sell property, you likely already know that you’ll have to pay stamp duty, but in order to make things a little less complicated, hiring a professional consultant is always a smart idea. After all, you likely hire a tax professional to make sure you pay your taxes properly, and hiring a consultant to help with stamp duty payments is no different. This is especially important if you’re buying and selling multiple properties because it helps you stay less confused about the entire process.

    Why Use a Land Tax Expert?

    Stamp duty, or land tax, is required by the government but can also be complicated and even difficult to understand. Since you’re going to owe these taxes whether you understand them or not, it’s a smart idea on your part to hire a land tax professional. Cornerstone is a consulting company that specialises in stamp duty land tax, or SDLT, and David Hannah is the head of the company. He has a team of professionals whose speciality is this particular tax, and they’ll work hard to make sure you understand it.

    Who is David Hannah from Cornerstone? Mr Hannah is a qualified Chartered Tax Advisor and Chartered Accountant with more than three decades worth of experience. He specialises in providing advice and assistance related to your specific industry, helping you calculate your SDLT, and even helping you determine if you’re eligible for a refund. His company has helped thousands of clients through the years save money and helped them weave through the sometimes complicated web of taxes and stamp duty taxes so it’s a little easier for them.

    How to Calculate Land Tax on Your Property

    If the value of your property is £125,000 or less, you won’t owe any land tax, and anything above this amount varies and starts at 2% of the value of the property, but the amount is capped at 12% for properties valued at over £1.5 million. If you accidentally pay too much in land tax, you might be due a refund, and this is where Mr Hannah’s expertise can come in handy. He and the other experts at Cornerstone will help you determine if a refund is due to you, and if it is, they’ll help you start the process so you can get your money back quickly.

    When it comes to paying land tax, especially if you’re buying and selling numerous properties, you need the expertise and knowledge of professionals, and it’s good to know there are plenty of them out there to help you.

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