{"id":767,"date":"2021-06-28T13:24:35","date_gmt":"2021-06-28T13:24:35","guid":{"rendered":"https:\/\/xanderprime.co.uk\/?p=767"},"modified":"2021-06-28T17:04:01","modified_gmt":"2021-06-28T17:04:01","slug":"non-uk-resident-stamp-duty","status":"publish","type":"post","link":"https:\/\/xanderprime.co.uk\/news\/non-uk-resident-stamp-duty\/","title":{"rendered":"Non – UK Resident Stamp Duty"},"content":{"rendered":"\n
April 2021<\/strong><\/p>\n\n\n\n From today (1st April 2021) there will be a 2% Stamp Duty surcharge<\/strong> introduced for overseas buyers on the purchase of residential property in the UK.<\/p>\n\n\n\n The surcharge will apply to non-resident buyers regardless of the type of buyer (e.g. individual or company vehicle).<\/p>\n\n\n\n This new surcharge will be on top of the existing 3% surcharge<\/strong> already in place on the below;<\/p>\n\n\n\n <\/p>\n\n\n\n Non-UK resident Stamp Duty tax bands<\/strong><\/p>\n\n\n\n Brackets for Overseas buyer standard rate of SDLT (April 2021)<\/p>\n\n\n\n Up to \u00a3125,000 0% – 5%<\/p>\n\n\n\n \u00a3125,001 – \u00a3250,000 2% – 7%<\/p>\n\n\n\n \u00a3250,001 – \u00a3925,000 5% – 10%<\/p>\n\n\n\n \u00a3925,001 – \u00a31,500,000 10% – 15%<\/p>\n\n\n\n Over \u00a31,500,000 12% – 17%<\/p>\n","protected":false},"excerpt":{"rendered":" April 2021 From today (1st April 2021) there will be a 2% Stamp Duty surcharge introduced for overseas buyers on the purchase of residential property in the UK. The surcharge will apply to non-resident buyers regardless of the type of buyer (e.g. individual or company vehicle). This new surcharge will be on top of the existing 3% surcharge already in place on the below; Properties such as buy-to-lets and second homes. The flat 15% Stamp Duty rate on purchases of dwellings worth more than \u00a3500,000 by companies acting as envelopes. The existing stamp duty rates for UK homebuyers Non-UK resident Stamp Duty tax bands Brackets for Overseas buyer standard rate of SDLT (April 2021) Up to \u00a3125,000 0% – 5% \u00a3125,001 – \u00a3250,000 2% – 7% \u00a3250,001 – \u00a3925,000 5% – 10% \u00a3925,001 – \u00a31,500,000 10% – 15% Over \u00a31,500,000 12% – 17%<\/p>\n","protected":false},"author":2,"featured_media":773,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,1],"tags":[],"yoast_head":"\n