London Property Capital Gain Tax for Non Residents and Stamp Duty Change

[strongman93]

Hi bro and sis.

For those who don't know, Stamp duty for buying property in UK including London has changed at the end of 2014.

New stamp duty charges
0 - £125,000 > 0%
£125,001 - £250,000 > 2%
£250,001 - £ 925,000 > 5%
£925,001 - £ 1,500,000 > 10%
Above £1,500,000 > 12%

And starting 6th April 2015 there will be a capital gain tax charged when you dispose your property with profit.

Full article and example, you can visit UK capital gain tax