Under the stamp duty system, those people who can prove they have been in Australia for 200 days out of the past year do not have to pay the 4 per cent surcharge. A foreign buyer of property must ...

The last decade has seen multiple layers of complexity added to Stamp Duty Land Tax (SDLT) on residential purchases, leaving many taxpayers unsure of their liability. (Sponsored content).

no SDLT up to £300,000 5% SDLT on the portion from £300,001 to £500,000 To be eligible for the discount you and everyone else you’re buying with must both qualify as first-time buyers.

First-time buyers are no longer be able to claim any relief on homes priced over £500,000. This means London first-time buyers will now pay £11,250 extra stamp duty on homes valued above this ...

Buy-to-let stamp duty in Wales and Scotland The stamp duty surcharge on additional properties in Wales and Scotland is higher For more information, check out our separate guides on Welsh stamp duty ...

The higher stamp duty surcharge of 5% is having a limited impact on landlord behaviour, according to Hamptons estate agents. Some 10.7% of sales agreed across Great Britain in November went to a ...

Hamptons says that since the introduction of this surcharge, the largest falls in investor purchases have been in the south of England, where high stamp duty bills can make buy-to-let unviable. On an ...

Rachel Reeves’ first Budget as Chancellor included a surprise increase to the stamp duty surcharge instead of the much-mooted increase to capital gains tax (CGT). The surcharge, payable on the ...

The price of stamps has been steadily increasing over the last few years. A standard first-class stamp rose from £1.10 to £1.25 in October 2023, then to £1.35 in April 2024.

Under previous rules, a £300,000 property with the surcharge included would cost £11,500 in stamp duty. That has now risen to £17,500 with the surcharge rising to 5 per cent.

Landlords and holiday home buyers now pay an extra 5pc stamp duty surcharge on additional property purchases. Regardless of what your intentions are for a new property that’s being bought in ...