Open consultation

Stamp Duty Land Tax: non-UK resident surcharge 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 closes at

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

Ways to respond

Email to:

Non-residentSDLTsurchargeconsultation@hmtreasury.gov.uk

Write to:

Non-Resident SDLT Consultation
Business and International Tax group
HM Treasury
1 Horse Guards Road
London
SW1A 2HQ

Published 11 February 2019