Have your say on government e-petitions

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

Submitted by Mundana Dabbagh on Sunday 1st August 2021

Published on Wednesday 4th August 2021

Current status: Closed

Closed: Friday 4th February 2022

Signatures: 13

Relevant Departments

Tagged with

British ~ British National ~ British nationals ~ British people ~ Buying ~ construction ~ market ~ People ~ property ~ Remove ~ Stamp duty ~ Tax ~ Terrible ~ Terribly

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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