Stamp Duty Surcharge for Non UK Residents

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Stamp Duty Surcharge for 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

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We are authorised and regulated by the Solicitors Regulation Authority. Our Solicitors Regulation Authority Number is 420612. We practice through Douglas Wemyss Solicitors LLP, a Limited Liability Partnership registered in England and Wales with registration number OC308701. A list of our Members and their professional qualifications is open to inspection at our registered office 14 Friar Lane, Leicester, LE1 5RA