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Posted about a month ago by masstca
Dear All, hope this is the right place where to post my question. I have some confusion about the stamp duty tax I should pay on purchasing a small residential property (value 250'000 GBP) if the below conditions hold: - I am a first-time buyer (never owned a property before). - I am a non-UK resident for tax purposes for 2024-2026 as I am currently working abroad. - Due to the condition above, I would like to rent the property out till 2026 (so for the moment my purchase would be a buy-to-let). As a first-time buyer, I have a reduced Stamp Duty to pay. As a non-UK resident, I should add 2%. It is my understanding that the BTL surcharge to stamp duty does not apply as I am a first-time buyer (so this is my first and only owned property, independently from living in it or renting it out). Could you please confirm if this is the correct interpretation of the law? Thank you for your help.
Posted about a month ago by HMRC Admin 32 Response
Hi,
Please contact the Stamp Duty Land Tax team for advice.
Stamp Duty Land Tax
Thank you.

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