Stamp Duties and Property Transaction Taxes

Stamp Duty and SDRT: Stocks and marketable securities 0.5%
Second residential and all corporate residential properties £40,000 or more – add 3% to relevant SDLT/ LTT rate(s) and 4% to LBTT rate(s)

 

England & N Ireland – Stamp Duty Land Tax (SDLT) on slices of value
Residential property % Commercial property %
Up to £125,000 0 Up to £150,000 0
£125,001 – £250,000 2 £150,001 – £250,000 2
£250,001 – £925,000 5 Over £250,000 5
£925,001 – £1,500,000 10
Over £1,500,000 12
First-time buyers:0% on first £300,000 for properties up to £500,000
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 % Commercial property %
Up to £145,000 0 Up to £150,000 0
£145,001 – £250,000 2 £150,001 – £250,000 1
£250,001 – £325,000 5 Over £250,000 5
£325,001 – £750,000 10
Over £750,000 12
First-time buyers: 0% on first £175,000

 

Wales – Land Transaction Tax (LTT) on slices of value
Residential property % Commercial property %
Up to £180,000 0 Up to £150,000 0
£180,001 – £250,000 3.5 £150,001 – £250,000 1
£250,001 – £400,000 5 £250,001 – £1,000,000 5
£400,001 – £750,000 7.5 Over £1,000,000 6
£750,001 – £1,500,000 10
Over £1,500,000 12
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