An article by Olivia Minghella, Counsel at Maurice Turnor Gardner, and Sean Randal of Sean Randall Tax LLP.
The abolition of the ‘non-dom’ tax regime in April 2025 has meant that renting – rather than purchasing – property has become increasingly attractive to many high net worth individuals looking to relocate to the UK (write Olivia Minghella and Sean Randall). This is particularly the case given the very substantial entry costs to the UK property market, with SDLT rates now reaching up to 19% for non-resident individuals who already own residential properties.
View the full article at https://primeresi.com.