Do I have to pay stamp duty?

I’m currently a UK non-resident but I am considering buying a house in the UK. Do I have to pay stamp duty to the HMRC?

s with most tax questions, it will depend on your personal circumstances as to whether you are required to pay stamp duty when buying a house in the UK.

Unlike with other taxes, your tax residence status in the UK makes little to no difference whether you will have to pay stamp duty or not.

The conditions around how much stamp duty you will be required to pay depend on whether you own one or more properties in the UK or anywhere in the world.

For example, if you live abroad but don’t own a UK property and currently rent, you will not be liable to pay the higher rate of stamp duty when buying a property.

Leave a Reply

Your email address will not be published. Required fields are marked *