From the 1st April 2021 Non-resident individuals, companies (including certain UK resident companies controlled by non-UK resident persons), trusts and partnerships will be charged an additional 2% Stamp Duty Land Tax (SDLT). Therefore, it is worth bringing forward any planned purchases of residential property for a buyer who is not resident in the UK.

This surcharge will apply on top of existing SDLT rates, including the rates applicable to the rental element of leasehold property.