Chancellor’s Autumn Statement

New Stamp Duty Rates

  • No tax on the first £125,000 paid
  • 2% on the portion up to £250,000
  • 5% up to £925,000
  • 10% up to £1.5 million
  • 12% on everything above that

Income Tax
Tax free personal allowance will rise from £10,000 to £10,600

Non UK Domiciled
People who are known as non dom will have to pay more for the privilege. Those who have been here for the past 12 out of 14 years will now have to pay £60,000 to preserve their non dom status.

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