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UK HMRC Publishes Guidance Increase in Stamp Duty Land Tax on the Purchase of Residential Property by non-UK Residents

|Approved Changes|United Kingdom
United Kingdom

On 8 March 2021, UK HMRC published guidance on Rates of Stamp Duty Land Tax for non-UK residents regarding the 2% SDLT increase (surcharge) that will apply from 1 April 2021 on the purchase of residential property in England and Northern Ireland by persons that are not resident in the UK, including natural and non-natural persons. The surcharge also applies to certain UK resident companies tha…

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