Stamp Duty Land Tax

Residential rates may be increased by 3% where further residential properties are acquired.

Land and buildings in England and N. Ireland

Residential
£
Rate
%
Non-residential
£
Rate
%
£0 – £125,000 0 0 – 150000 0
£125,000 – £250,000 2 150,001 – 250,000 2
£250,000 – £925,000 5 Over 250,000 5
£925,000 – £1,500,000 10
Over £1,500,000 12

From 22 November 2017 a First Time buyer exemption may apply on residential purchases up to £300,000 and for the first £300,000 of purchases up to £500,000.

Different systems of property taxation apply in Scotland and are introduced in Wales from 1 April 2018.