Non-dom changes create £401mn stamp duty 'black hole' - Knight Frank
Policy shift blamed for slump in £5mn-plus deals and mounting pressure on Treasury purse strings.
London’s high-end homebuyers ‘paid 12% of the stamp duty owed across England last year’
The 675 £3m+ deals recorded in the capital in 2020 generated a combined total of £368.6m in stamp duty, according to research by Enness Global.
UK property becoming safe haven by default – Knight Frank
The government has sent the wrong message by scrapping non-dom status, but any negativity has been dwarfed by the wider commotion on global financial markets this month, explains the agency's Tom Bill.
By Tom Bill
Latest HMRC data reveals 27% slump in resi stamp duty receipts
Properties valued at over £1mn accounted for just 4% of all transactions in 2023-24, but over half of total SDLT receipts.
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Final apartments served up at luxury boutique scheme in St John’s Wood
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