stamp duty land tax

Stamp Duty Land Tax (SDLT) is the tax that the government charges when you purchase a residential property, e.g. a house or flat

You can find out how much SDLT you will need to pay on your Planned purchase by using our SDLT calculator

The Stamp Duty thresholds and rates that came into effect in December 2014

are as follows:

• £0 and up to £125,000 = 0%
• £125,001 and up to £250,000 = 2%
• £250,001 and up to £925,000 = 5%
• £925,001 and up to £1.5 million = 10%
• Over £1.5 million = 12%

As of April 2016, a 3% surcharge will apply to all second homes and buy-to-let purchases over £40,000:

• £0 and up to £125,000 = 3%
• £125,001 and up to £250,000 = 5%
• £250,001 and up to £925,000 = 8%
• £925,001 and up to £1.5 million = 13%
• Over £1.5 million = 15%

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual Stamp Duty Land Tax that must be paid on completion.