Stamp Taxes

Stamp duty is generally payable at a rate of 0.5% on transfers of shares securities. On the transfer of property, the stamp duty land tax is:

Value up to £125,000*

 

nil

 

Over £125,000* – £250,000

 

1%

 

Over £250,000 – £500,000

 

3%

 

Over £500,000 – £1,000,000**

 

4%

 

 

Over £1,000,000**-£2,000,000**

 

5%**

 

 

Over £2,000,000**

 

7%**

 

 

* £150,000 for non-residential property. **Residential property only. A 15% rate will apply to properties over £2m purchased by certain non-natural persons.