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Big changes are here for property buyers in the UK Budget 2024! In this video, Nirab from UK Property Accountants breaks down the latest Stamp Duty Land Tax (SDLT) updates, and if you are planning to buy property, you will want to pay attention. Whether you are an individual buying a second home or a company investing in residential property, these new rules mean higher costs that could impact your budget.
What’s Inside:
• Higher SDLT rates for individuals buying additional residential properties
• Increased rates for companies purchasing residential property
• Key deadlines and how they affect existing contracts
• Extra charges for non-UK residents buying property in the UK
These changes take effect from 31 October 2024, so planning is essential. Get the insights you need, and if you have questions, don’t hesitate to book a Free 15-minute Discovery Call with us at UK Property Accountants. We’ll help you understand these changes and make the best decisions for your property goals. https://www.ukpropertyaccountants.co.uk/contact/
Read our detailed article on the topic: https://www.ukpropertyaccountants.co.uk/2024-stamp-duty-land-tax-changes-key-updates-explained/
#UKPropertyAccountants #UKBudget2024 #StampDutyUpdate
#PropertyTax2024 #SDLTChanges #UKPropertyInvesting

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