Consultation outcome

Stamp Duty Land Tax: non-UK resident surcharge consultation

This consultation has concluded

Download the full outcome

Detail of outcome

This document provides a summary of the responses to the consultation and the government’s decisions on the final policy design. The non-UK resident surcharge will apply from 1st April 2021 and be legislated for in finance bill 2020-21.

Following this consultation, the government has published draft legislation, and explanatory note and a tax information and impact note (TIIN).

Original consultation

Summary

Seeking views on the design of a 1% Stamp Duty Land Tax surcharge on non-UK residents purchasing residential property in England and Northern Ireland.

This consultation ran from
to

Consultation description

The government is committed to helping more people into home ownership but there is evidence that purchases of property by non-UK residents is pushing up house prices for UK residents. The government will therefore consult on a Stamp Duty Land Tax (SDLT) surcharge on non-UK residents purchasing residential properties in England and Northern Ireland. The non-UK resident surcharge will apply to purchases of residential property made by non-UK resident individuals and certain non-natural persons. The surcharge will apply to freehold and leasehold purchases of residential property and will be at a rate of 1% on top of all existing SDLT rates, including the rates applicable to the rental element of leasehold property.

Documents

Published 11 February 2019
Last updated 21 July 2020 + show all updates
  1. Updated with final outcome.

  2. First published.