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What is my stamp duty land tax position should I purchase a property in England?
I own a property abroad, the value of which is £150,000. I wish to purchase my first house in England for £450,000. Would I need to pay the higher stamp duty land tax for this? I never lived in the property abroad, and currently rent in the UK.  
 
Arthur Weller replies:  
If you look at the following guidance on the Gov.UK website: 
www.gov.uk/government/uploads/system/uploads/attachment_data/file/570876/SDLT_Higher_rates_for_additional_properties.pdf (at paragraph 3.15 on page 10) you can see that, for these rules, ownership of a property abroad counts, and so you will need to pay the extra stamp duty land tax for this purchase because you will be judged to be owning two properties. 

This question was first printed in Property Tax Insider in September 2018.

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