Sunday, March 24, 2019

Island Issues

Great Britain: UK Government Increases Stamp Duty

Linga Island, Scotland - Photo Courtesy of Vladi Private Islands GmbH

Attention private island buyers! The UK Government has implemented plans to increase Stamp Duty. Private Island News investigates what consequences this will have for island buyers.

As announced in 2014’s Autumn Statement, the British Government has increased Stamp Duty, introducing a sliding statement dependent on property prices. The Stamp Duty Land Tax (SDLT) is …Read More: Great Britain: UK Government Increases Stamp Duty