Non-Resident Stamp Duty Archives - Stamp Duty Information

Overseas Buyers 2% Surcharge Confirmed

By WebmasterPosted on July 21, 2020Posted in Non-Resident Stamp Duty2 Comments

The Policy Paper has been published to confirm the changes that will take place from 1st April 2021 that allow for a 2% surcharge on the stamp duty payable on residential property in England and Northern Ireland that is purchased by non-UK residents. The General description of the measure is as follows:

Stamp Duty Charge for Overseas Buyers

By WebmasterPosted on March 11, 2020Posted in Budget, Non-Resident Stamp Duty, Stamp Duty ChangesNo Comments

The Chancellor of the Exchequer, Rishi Sunak, has just announced in his first budget speech on 11 March 2020, that there will be a surcharge on property purchases for overseas buyers buying property in the UK. The surcharge was stated to be 2% on top of the standard rates, and this would take effect from […]

Consultation Open for New 1% Surcharge for Overseas Buyers

By WebmasterPosted on February 13, 2019Posted in Non-Resident Stamp Duty, Stamp Duty ChangesNo Comments

The government announced in the 2018 Budget that they were proposing a new surcharge on UK property purchases of an extra 1% of the purchase price where the buyer (or one of the buyers) is not a UK resident. The consultation process for that proposal has begun and will end on 6th May 2019. The […]