As the two percent Stamp Duty Land Tax (SDLT) surcharge is due to come into force, HMRC has updated its guidance.

From 1 April, the surcharge will be applied to non-UK residents who purchase residential property in England and Northern Ireland.

It will apply to purchases of both freehold and leasehold property, as well as increasing the SDLT payable on rents on the grant of a new lease.

The surcharge also applies to certain UK-resident companies that are controlled ...