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What is Stamp Duty land tax (SDLT)?

Stamp Duty Land Tax is the tax that the government charges when you purchase a residential property. You can find how much Stamp Duty you will need to pay on your purchase by using our stamp duty calculator.

The Stamp Duty thresholds and rates that came into effect since December 2017 are as follows: 

• £0 and up to £125,000 = 0%

First-time buyers: first £300,000 for property up to £500,000

• £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 £1.5m = 12%

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

STAMP DUTY CALCULATOR


Stamp Duty Land Tax is the tax that the government charges when you purchase a residential property. You can find how much Stamp Duty you will need to pay on your purchase by using our stamp duty calculator. Our calculator will let you know the amount you will need to pay on your first home and also on the second home and buy-to-let purchases from April 2016.





Stamp Duty on your first home:

Purchase Price Bands (£) Rate of Stamp Duty Breakdown (Others)
£0 - £125,000
First-time buyers: first £300,000 for property up to £500,000
0%
£125,001 - £250,000 2%
£250,001 - £925,000 5%
£925,001 - £1.5 million 10%
Over £1.5 million 12%

Stamp Duty on your first home:






Stamp Duty on your second home and buy-to-let purchases from April 2016:

Purchase Price Bands (£) Rate of Stamp Duty Breakdown
£0 - £40,000 0%
£40,001 - £125,000 3%
£125,001 - £250,000 5%
£250,001 - £925,000 8%
£925,001 - £1.5 million 13%
Over £1.5 million 15%

The Stamp Duty for buy-to-let and second home purchases from April 2016:


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