Stamp Duty Land Tax rates

You have to pay Stamp Duty Land Tax if you buy a property in the UK over a certain price. This is charged on all purchases of houses, flats and other land and buildings.

From 1 April 2015 Stamp Duty won’t apply in Scotland. Instead you’ll pay Land and Buildings Transaction Tax (See 2nd Calculator below for Scotland).

Previously, you would pay Stamp Duty at a single rate on the entire property price. From 4 December, Stamp Duty is charged at increasing rates for each portion of the price.

Under the old rules, if you bought a home for £185,000, you would have paid 1% stamp duty on the full amount – £1,850. Under new rules from 4 December, 2014, for the same purchase price you’ll pay zero on the first £125,000 and 2% on thew remaining £60,000. A saving of £650.

For most transactions involving the sale or transfer of land or property, you can use this HM Revenue and Customs (HMRC) Stamp Duty Calculator to help you work out how much Stamp Duty you will have to pay.

Purchase price or transfer value Stamp Duty Rate
Up to £125,000 Zero
£125,001 to £250,000 2%
£250,001 to £925,000 5%
£925,001 to £1,500,000 10%
£1,500,000 and over 12%

Example:
If you buy a property for £275,000, you’ll pay £3,750 of Stamp Duty. This is made up of:

  • nothing on the first £125,000
  • £2,500 on the next £125,000
  • £1,250 on the remaining £25,000

Land and Buildings Transaction Tax replaces UK Stamp Duty Land Tax in Scotland from 1 April 2015.

Purchase price or transfer value Stamp Duty Rate
Up to £145,000 Zero
Over £145,001 to £250,000 2%
Over £250,001 to £325,000 5%
Over £325,001 to £750,000 10%
£750,000 and over 12%

You can use this Stamp Duty Calculator to help you work out how much Stamp Duty you will have to pay.

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