Learn about
Stamp Duty
Land Tax
50+ exemptions & reliefs used
De-risk your business from future claims
100% accurate SDLT calculations
It’s a tax that you pay for buying a property. Over the years, the UK Government change the process to calculate by adding or changing reliefs depending on the circumstances.
Unlike generic online stamp duty calculators, Compass’ complex algorithm runs in the background to ensure all 50 reliefs, plus exemptions and surcharges, are explored and applied where applicable. The result being the client pays the exact amount of Stamp Duty.
No more, no less, no error, no confusion.
The complexities on when, and to whom, HRAD applies are completely solved within Compass. HRAD can be quite difficult to decipher, especially when clients aren’t just buying second homes or if they have previously sold a home but not immediately replaced it. Further complexities arise when looking at it’s interaction with other parts of SDLT such as the Non-Resident Surcharge, Mixed use, or any reliefs.
Worry no more! Compass guides you through the right questions, and accurately analyses the exposure to HRAD in each case.
Now, even lifetime UK residents can be caught by this if they’ve spent too much time outside of the UK in the year before completion. Further complicating it are exemptions for certain property types, company types, and additional complexities for Partnerships where one or more of the partners meets the overcomplicated tests.
Fortunately, Compass has all these complexities analysed and calculated!
Understanding the type of property can be challenging due to the intricate legal nuances. It's so complex that even experts have engaged in ongoing discussions with HMRC for years, seeking clarity.
We stay updated with the latest case law and guidance from HMRC to ensure your calculations are always accurate and up-to-date!
This is a highly miscalculated area, one which “Ambulance Chasers” are hot on the heels of. Any property that had the word “Annexe” listed against it online will receive a letter from these companies immediately after completion. Unfortunately, there are some hidden complexities with the definition of Annexe for tax purposes that means spurious claims are being raised fairly too often.
Using Compass, any annexe will be analysed for its legal viability for the relief and your clients will never overpay in the specialised area.
There are now 50 UK reliefs, each one with its own set of conditions and legal standards to meet. These get even further complex when their conditions require accurate analysis of the points above. Sometimes the relief can be completely invalided based on these factors.
Compass accounts for all these complexities, their interactions, and their final application.
Leases are some of the most complicated parts of tax legislation. To even further complicate things, leases that involve a premium paid must account for all the above and analyse the exposure to tax accurately. The tax calculation for leases involves an incredibly complicated time discounted rate formula – and these are the simple kinds of Leases. When considering rent free periods, transitional events, substantial performance and more; the complexity rapidly skyrockets.
Compass has developed the most in-depth, accurate, and easy to use calculator ever devised. With 62 lease types and sub-types we are able to calculate more, faster, than any other product on the market. For firms that would have avoided complex leasehold matters, you can now use compass as a value-add and capture paid work you would otherwise have had to avoid.
Expert partnerships
For some complex cases, compass provides expert assessments from our recommended tax partners, guaranteeing that 100% of transactions are risk-assessed correctly. We understand that each transaction is unique, and our system takes into account the interactions between various factors to deliver precise results.
Eliminate Miscalculations and Save Time
Without Compass, an estimated 20% of UK transactions are miscalculated, leading to potential financial losses or compliance issues. By using Compass, you can eliminate the risk of errors and save valuable time that can be better spent on other important tasks.
Complimentary SDLT1 Submission Service
Worried about entering information correctly into the SDLT1 submission? With Compass, you can eliminate that concern. Our complimentary submission service takes care of entering the relevant information into the appropriate boxes, further reducing the risk of errors.
The service also requires purchasers’ sign-off, providing an additional layer of protection and empowerment for you and your firm.
Protect your firm and clients, enhance efficiency, and mitigate risks with Compass. Experience the power of our comprehensive solution today and revolutionise your approach to UK Land Tax calculations and compliance.
Save Time and Increase Efficiency
We understand the importance of time-saving measures in the conveyancing process. Compass offers a client portal that allows purchasers to enter information directly, reducing the burden on conveyancers. The information can then be verified by solicitors, serving as a “last line of defense” to ensure accuracy.
Empowerment Through Transparency
Compass empowers both you and your clients by providing a clear breakdown of the tax assessment process. Your clients will appreciate the transparency and understanding of their tax obligations, enhancing their trust in your firm.
Mitigate Risk
with Compass
The complexity of UK Land Tax and the potential for miscalculations can expose your firm to significant risk. Compass is not just a calculation tool but also a risk mitigation solution designed to protect you and your clients.
Automated Indemnification for Peace of Mind
With Compass, we automatically indemnify your matters, offering protection even for complex or overlooked factors. Our system provides dynamic feedback on each matter, breaking down complexities into easy-to-understand language. You can rely on our comprehensive certification document, which includes a breakdown of our assessment, calculation, and history of answers.
Hear from a fellow conveyancer
Farnworth rose run a conveyancey firm in Lancashire. Farnworth Rose have been a Compass partner for over 2 years. See what Farnworth Rose have to say about using compass.

CQS
compliance
Compass is CQS compliant to make sure you are performing at the right standard.
Every finalised matter produces a detailed audit trail for all low-risk matters with a breakdown of calculations.


Hear from a fellow
conveyancer
Farnworth rose
Farnworth rose run a conveyancey firm in Lancashire. Farnworth Rose have been a Compass partner for over 2 years. See what Farnworth Rose have to say about using compass.
In Summary
How can compass help?
Calculations
Indemnified
reputation
Advanced design but easy to use.
Time to get started with the future of property tax.
