Tax

What is MDR? Multiple dwellings relief (MDR) encourages investment in residential property by reducing the stamp duty land tax (SDLT) payable. The relief uses the average price of a dwelling instead of the aggregated price of the properties, with a 1% minimum SDLT charge. SDLT is capped at 5% for purchases of at least six dwellings or properties used for mixed purposes, i.e. commercial and dwelling. ...