Non Resident Stamp Duty Introduction

New Stamp duty land tax surcharge for non-UK resident home buyers to be introduced The government plans to help control the rise of house prices by considering a new surcharge levied on non-UK resident home buyers.  Proceeds of this new surcharge would be put towards measures to tackle rough sleeping . The proposed increase of 1% was announced at the Budget 2018 following a commitment made by the Prime Minister. HMRC rules on residential status for tax purposes are available…

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