30-04-2015, 11:45 AM
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
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