Why rich buyers might get snookered by stamp duty, again
This month, the government published a consultation on its proposed Stamp Duty Land Tax (SDLT) surcharge on purchases of residential property in England by non-residents.
The prime minister announced her intention to introduce this surcharge – at a rate of 3 per cent – in her speech to the Conservative Party conference back in September 2018. However, in his Autumn Budget the Chancellor of the Exchequer indicated the rate would in fact be 1 per cent, and that is the proposal in this consultation, writes Jonathan Neumann.
To read more, go to Spear's Wealth Management magazine.
Related in brief posts
It has long been accepted that individuals who primarily live in one EU country may regularly work in another member state. Free movement, one of the four economic freedoms, enabled this working pattern to develop and flourish.
Changes to travel requirements on entering the UK.
In this MEET | THE | EXPERTS webinar chaired by Fiona Poole, panelists Ceris Gardner, Raphael Apelbaum and Rowena Moffatt discussed the UK’s approach to interpretation of EU free movement law following the end of the transition period and other issues.