Remove the extra 2% surcharge on Stamp Duty Land Tax for overseas residents.

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Petition Action

Remove the extra 2% surcharge on Stamp Duty Land Tax for overseas residents.

Petition Details

Remove the 2% surcharge for all overseas buyers on Stamp Duty. Overseas buyers are already hit with an extra 3% surcharge due to buying an additional property and now another 2%.

Additional Information

A more fair equitable Stamp Duty Land Tax will encourage investment into the UK and help UK businesses flourish and thrive.

A lot of British people are working overseas and are discriminated against and have to pay the 2% surcharge as well as a 3% surcharge for investing back home in UK.

It's terrible for the property market, construction industry and discriminates against those that live overseas as well as overseas British Nationals.

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