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Showing posts from May, 2021

Stamp Duty Land Tax (SDLT) Overcharge And The Non-Inhabitant UK Property Purchasers

  On the off chance that you are a non occupant keen on purchasing a private property in the UK you ought to know that from 1 April 2021 unique paces of SDLT will concern you. As a non inhabitant purchasing private property in the UK (either freehold or leasehold) you should pay 2 rate focuses higher than those paid by the UK occupants. The extra charge will concern you on the off chance that you are a non inhabitant and You are purchasing a private property. In the event that you are purchasing property which is either non private or a combination of private and non-private the extra charge won't concern you. The property is rented for over 7 years, if the rent was for a very long time or less on the date it was conceded then the extra charge won't concern you. You entered an agreement and it was significantly performed after 1 April 2021 or you traded the agreement after 11 March 2020. On the off chance that you went into the exchange before this date the extra charge won