As a foreign buyer who invests in a UK property (valued at 800,000 pounds), how much tax do I need to pay?



  • As a foreign buyer who invests in a UK property (valued at 800,000 pounds), how much tax do I need to pay?


  • admin

    Well, you’ll have to pay Stamp Duty of about £30,000 on the purchase.
    If you rent the property out, you’ll pay income tax on the rent you receive
    When you sell the property (assuming it’s not your primary residence), you’ll pay Capital Gains Tax on any profits.

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    You can find the answers here (link below): there is not enough information in your question as taxes differ between England, Scotland, and Wales, and there are different thresholds for Residential and business property.