Sovereign began in Gibraltar in 1987 and has since grown into one of the largest independent corporate and trust service providers in the world. We currently manage over 20,000 clients that include companies, entrepreneurs, private investors or high net worth individuals and their families – and have assets under administration in excess of US$10 billion.
A new 2% surcharge for stamp duty land tax (SDLT) was introduced on 1 April 2021 for buyers of residential property in England and Northern Ireland where the purchaser, or one of the purchasers, is not UK resident.
A new 2% surcharge for stamp duty land tax (SDLT) was introduced
on 1 April 2021 for buyers of residential property in England and
Northern Ireland where the purchaser, or one of the purchasers, is
not UK resident. As a result, international investors in UK
property are now likely to be taxed more heavily than their UK
resident counterparts.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
