
Tax Updates
Stamp duty land tax 2% surcharge for non-UK residents on residential property
A 2% stamp duty land tax (SDLT) surcharge now applies to transactions of residential property in England and Northern Ireland, for non- UK residents. The new surcharge came into effect on 1st April 2021. The surcharge applies to purchases of freehold and leasehold property, as well as increasing the SDLT on rents on the grant