Stamp Duties and Property Transaction Taxes

Stamp Duty and SDRT: Stocks and marketable securities 0.5%

Additional residential and all corporate residential properties £40,000 or more – add 3% to SDLT/LTT rate(s) and 4% on LBTT rate(s)

England & N Ireland – Stamp Duty Land Tax (SDLT) on slices of value

Residential property (from 8/7/20 – 31/3/21)
% Commercial property %
Up to £500,000 0 Up to £150,00 0
£500,001–£925,000 5 £150,001–£250,000 2
£925,001–£1,500,000 10 Over £250,000 5
Over £1,500,000 12

Residential properties bought by companies etc over £500,000: 15% of total consideration, subject to certain exemptions

Scotland – Land and Buildings Transaction Tax (LBTT) on slices of value

Residential property (from 15/7/20 – 31/3/21) % Commercial property %
Up to £250,000 0 Up to £150,000 0
£250,001–£325,000 5 £150,001–£250,000 1
£325,001–£750,000 10 Over £250,000 5
Over £750,000 12

Wales – Land Transaction Tax (LTT) on slices of value

Residential property (from 27/7/20 – 31/3/21) % Commercial property %
Up to £250,000 0* Up to £150,000 0
£250,001–£400,00 5 £150,001–£250,000 1
£400,001–£750,00 7.5 £250,001–£1,000,000 5
£750,001–£1,500,000 10 Over £1,000,000 6
Over £1,500,000 12

*For second homes, buy to let etc, 3.5% rate applies between £180,000 and £250,000

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