Stamp Duty and Stamp Duty Land Tax

Land and buildings in England, Wales and N. Ireland

Rate♦
%
Residential*
£
Non-residential**
£
Rate
%
0 0 - 125,000 0 - 150,000 0
2 125,001 - 250,000 150,001 - 250,000 2
5 250,001 - 925,000 Over 250,000 5
10 925,001 - 1,500,000 - -
12 Over 1,500,000 - -

* Payable on consideration which falls in each bracket.
** Payable on consideration which falls in each bracket from 17 March 2016.
♦ Rates may be increased by 3% where further residential properties costing £40,000 or over are acquired on or after 1 April 2016.

SDLT is charged at 15% on interests in residential dwellings costing more than £500,000 purchased by certain non-natural persons.

Shares and securities - rate 0.5%.