IDM Tools
Residential land or property SDLT rates and thresholds
Stamp Duty Land Tax (SDLT) is charged on land and property transactions in the UK. The tax is charged at different rates and has different thresholds for different types of property and different values of transaction.
Purchase price of property |
Rate of SDLT (percentage |
|
Up to £125,000 |
0% |
|
The next £125,000 (the portion from £125,001 to £250,000) |
2% |
|
The next £675,000 (the portion from £250,001 to £925,000) |
5% |
|
The next £575,000 (the portion from £925,001 to £1.5 million) |
10% |
|
The remaining amount (the portion above £1.5 million) |
12% |
First time buyers
First-time buyers can claim relief so they don’t pay any tax up to £300,000 and 5% on the portion from £300,001 to £500,000. If the price is over £500,000, the rules are the same for people who’ve bought a home before.
Calculate Stamp Duty For Single Home Owner
Calculate Stamp Duty For Second Home Owner or Buy to Let Property
Properties purchased as a second home are subject to a 3% increase after the 1st April 2016.
Non-Residential land or property SDLT rates and thresholds
Stamp Duty Land Tax (SDLT) is charged on land and property transactions in the UK. The tax is charged at different rates and has different thresholds for different types of property and different values of transaction.
Purchase price/lease premium
|
Rate of SDLT (percentage |
|
Up to £150,000 – annual rent is less than £1,000 |
0% |
|
Up to £150,000 – annual rent is £1,000 or more |
1% |
|
Over £150,000 to £250,000 |
1% |
|
Over £250,000 to £500,000 |
3% |
|
Over £500,000 |
5% |