Policy paper

New rates of Stamp Duty Land Tax for non-UK residents from 1 April 2021

This measure introduces new rates of Stamp Duty Land Tax (SDLT) from 1 April 2021 for buyers of residential property in England and Northern Ireland who are not resident in the United Kingdom.

• From: HM Revenue & Customs
• Published: 21 July 2020

Documents

New rates of Stamp Duty Land Tax for non-UK residents from 1 April 2021

HTML

Draft legislation

PDF, 125 KB, 12 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Explanatory note

PDF, 176 KB, 8 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

The new rates being introduced will be 2 percentage points higher than rates that apply to purchases made by UK residents.

They will apply to the purchase of freehold and leasehold properties.

The new rates will also increase the amount of SDLT that will be payable on rents when a new lease is granted.

Read the ‘Stamp Duty Land Tax: non-UK resident surcharge’ consultation and summary of responses.

Published 21 July 2020