Stamp Duty Surcharge Non Uk Residents

As of 1st April 2021 the Government has introduced a surcharge for all buyers who are non-UK Residents. This has come from the Stamp Duty Land Tax (Administration) (Amendment) Regulations 2021.

The surcharge will be 2% of the property price and this will apply to all residential properties.

This means that solicitors firms will now have to consider the residency of their clients when purchasing properties to ensure that they follow the new regulation.

For more information please follow click this link or this link
To calculate your Stamp Duty if you are a Non UK Resident click this link