Stamp Duty Land Tax – A Short History Since 1959

Stamp Duty Land Tax (SDLT) replaced Stamp Duty as the Duty Tax paid on property transactions in December 2003, when residential and non-residential properties where also separated. In the forty years preceding Gordon Brown’s elevation to Chancellor of the Exchequer, the top rate had never ranged outside 1.0%-2.0%. Within just over 3 years of his appointment, the […]

Capital Gains Tax for UK Non-Residents

George Osborne, Chancellor of The Exchequer, announced today in his Autumn Statement that Capital Gains Tax (CGT)  would apply to the sale of property owned by non-residents from April 2015. The Chancellor said, “Britain welcomes investment from overseas but it’s not right that those who live here have to pay CGT, but those who are non-residents […]