Intelliworks™ SDLT. Best-in-class transaction handling, complete business rule compliance
Our Intelliworks™ family of property purchase workflows are supported by a fully-automated submission of Stamp Duty Land Tax (SDLT) returns electronically, helping to save time while eliminating the traditional problems associated with errors and delays.
In-House Developed for Success
Our Intelliworks™ SDLT Online service has been completely designed and developed in-house – this is not a third party product. Our requirements for this service meant we had to incorporate extraordinary levels of resilience and data validation. This level of attention to detail and quality means that we have a consistent record of unrivalled quality in transaction success rates when compared against the industry average, using statistics regularly published by HMRC.
Reliability day in day out
With Intelliworks™ SDLT Online, all SDLT forms are pre-populated with all relevant information captured within the case, eliminating the need to re-key data into the HMRC website. The data is then rigorously verified against HMRC's own business rules, to assure integrity prior to submission. If rules are not adhered to you will be guided to the areas needing attention before submission can take place. Partially completed forms can be saved on the system at any time. Copies of submitted forms are held permanently in the case history as part of the audit trail.
This feature provides genuine safeguards, and avoids significant time wasted in dealing with bad submissions. As a consequence our service consistently outperforms other solutions when measured against industry average error rates, enabling resources to be focussed on more complex work or new business.
Intelliworks™ SDLT connects with the HMRC gateway over the Internet, managing and progressing online completion of SDLT forms 1, 2, 3 and 4, with automatic generation of an SDLT 5 certificate (typically within a few seconds of successful submission).
Once submissions pass our validation phase, electronic submissions are managed without any further user intervention, even if the HMRC gateway is temporarily unavailable. Our service continually monitors the HMRC gateway in real-time to ensure that the submission has been successful, notifying the user of success or submission errors.
Electronic submission of SDLT offers a significant opportunity to reduce administrative overheads, reduce risk, eliminate errors and speed up conveyancing processes. The return on investment (ROI) here is palpable. This can only be good news in a highly competitive marketplace.
Technical Specification
Key features include:
- Full support for SDLT 1, 2, 3, 4
- Automatic generation of an SDLT 5 certificate
- Pre-population of forms with any previously captured data, saving costly double-keying
- Automatic verification against the complete HMRC business rules, on both an individual form level and complete submission level
- Typical turnaround times in the order of a few seconds
- Proactive monitoring of the HMRC Gateway and transaction status through to successful completion
- Ability to deal with HMRC service outages without any user intervention, even over several days
