Due to the complex nature of stamp duty and tax planning, this information is offered as a guide only and professional advice should be taken before taking any action.
Stamp Duty Land Tax (SDLT)
2021/2022 | |
Stamp duty is usually 05% on shared over £1,000 All of the UK-residential rates may increase for additional residential properties | |
UK and NI Residential Band Rate | |
0 – £500,000* | 0% |
*£500,001 – £925,000 | 5% |
£925,001 – £1,500,000 | 10% |
Over £1,000,000 | 12% |
*£250,000 from 1 July 2021. From 1 October 2021,0% up to £125,00 0,2% from £125,001 – £250,000 and 5% from £250,001 – £925,000 | |
UK and NI Non-Residential Band | |
0 – £150,000 | 0% |
£150,001- £250,000 | 2% |
Over £250,000 | 5% |
UK and NI Net Present Value of Lease* | |
0 – £150,000 | 0% |
£150,001- £5,000,000 | 1% |
Over £5,000,000 | 2% |
Residential leases 1% above £125,000 |
2023/2024 | |
Stamp duty is usually 05% on shared over £1,000 All of the UK-residential rates may increase for additional residential properties | |
UK and NI Residential Band Rate | |
0 – £250,000* | 0% |
£250,001 – £925,000 | 5% |
£925,001 – £1,500,000 | 10% |
Over £1,500,000 | 12% |
*£250,000 from 1 July 2021. From 1 October 2021,0% up to £125,00 0,2% from £125,001 – £250,000 and 5% from £250,001 – £925,000 | |
UK and NI Non-Residential Band | |
0 – £150,000 | 0% |
£150,001- £250,000 | 2% |
Over £250,000 | 5% |