Written Question·Treasury·UIN 6706
Housing: Taxation
Tabled: 4 October 2024
Answered: 14 October 2024
Question
Shaun Davies
Labour — Telford
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of a levy on foreign ownership of residential properties.
Answer
James MurrayNon-UK residents purchasing residential property in England or Northern Ireland currently pay a 2 percentage point Stamp Duty Land Tax (SDLT) surcharge on top of the standard residential SDLT rates. The Government keeps all tax policy under review and wou...
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