surcharge

Will the 2% stamp duty surcharge on overseas buyers dampen house prices?

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Overseas buyers purchasing property in England and Northern Ireland are now subject to a 2 per cent stamp duty surcharge. The new tax introduced from 1 April will mean international buyers will pay an additional amount equivalent to 2 per cent of the purchase price. The new surcharge will work alongside the 3 per cent … Read more

Exempting foreign NHS workers from surcharge only costs £90m

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Boris Johnson’s reasoning for refusing to exempt foreign NHS workers from the healthcare surcharge began unravelling tonight when a top economist slapped down his suggestion it would cost hundreds of millions.  The Prime Minister today hailed the £400 annual fee for migrants as a £900million revenue raiser, as he swatted away calls for the government … Read more