Property News - Stamp Duty Land Tax

Property news. The chancellor announced in her Budget statement that the stamp duty surcharge on additional homes will increase by 2% from 31^st October 2024.

This measure increases the higher rates of Stamp Duty Land Tax (SDLT) on purchases of additional residential properties by individuals and purchases of residential properties by companies from 3 to 5 percentage points above the standard residential rates of SDLT.

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Fareham
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Chichester
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