Griffiths Allen Limited was founded in 2016 to assist the conveyancing profession, or those professionals involved in property transactions, with their Stamp Duty Land Tax (SDLT) and Annual Tax on Enveloped Dwellings (ATED) compliance obligations. The company also specialises in SDLT and ATED planning and advisory projects across both residential and commercial sectors.
The services we offer help professionals that need pointing in the right legislative direction, only require a second opinion on a matter they have not dealt with in a while, or need help with only a small part of a much larger transaction to enable them to file the required return with HM Revenue & Customs (HMRC) correctly and on time. There are times when seeking Counsel's opinion on these matters is akin to using a sledgehammer to crack a nut.
We understand that dealing with these issues can be time-consuming and costly for the busy professional, especially if the matter is not identified at the time the fee is quoted, the professional works on a fixed fee basis, or they had anticipated it to be a straight forward transaction or conveyance. The conveyancing market is highly competitive, and we understand the importance of honouring the fixed or quoted fee the client received.
Even if SDLT and ATED advice is 'carved out' of the agreed terms of engagement with a client the professional is still left with the unenviable task of filing the appropriate return with HMRC which can leave them in a rather vulnerable position. There have been so many amendments to the SDLT and ATED legislation over the last few years that it can be very difficult to keep up with the constant change. We, therefore, offer a range of fixed fee retainer services to help you get it right so both the professional and their client knows where they stand and there are no unwanted surprises.