This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

SDLT rate if overseas property is owned by a company

Ribs1
Posts:2
Joined:Tue Jun 10, 2025 3:17 pm
SDLT rate if overseas property is owned by a company

Postby Ribs1 » Tue Jun 10, 2025 3:28 pm

I am looking to purchase a flat in the UK and am UK citizen. I lived in another country for 14 years and am a shareholder in a company based in that country that owns a property there. The company does not make any profit. As the property is owned by a company, does that mean I am not liable for the higher level of SDLT?

AGoodman
Posts:2018
Joined:Fri May 16, 2014 3:47 pm

Re: SDLT rate if overseas property is owned by a company

Postby AGoodman » Wed Jun 11, 2025 9:41 am

It does. A property owned by a company does not count.

Ribs1
Posts:2
Joined:Tue Jun 10, 2025 3:17 pm

Re: SDLT rate if overseas property is owned by a company

Postby Ribs1 » Thu Jun 12, 2025 9:07 am

Thank you. Does it matter whether you are a shareholder or a director of the company - or is purely based on the fact that its company ownership?

AGoodman
Posts:2018
Joined:Fri May 16, 2014 3:47 pm

Re: SDLT rate if overseas property is owned by a company

Postby AGoodman » Mon Jun 16, 2025 1:34 pm

No, it doesn't matter.


Return to “Stamp Duty, Stamp Duty Land Tax, SDLT”