Stamp Duty Land Tax

You can use our Stamp Duty Land Tax calculator to work out how much tax you'll pay.

You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England, Wales and Northern Ireland.

The current SDLT threshold is £125,000 for residential properties and £150,000 for non-residential land and properties.

There are different rules if you're buying your first home. You get a discount (relief) that means you pay less or no tax if:

You pay the tax when you:

Higher rates for additional properties

From 1 April 2016, you'll usually have to pay 3% on top of the normal SDLT rates if buying a new residential property means you'll own more than one.

Relief for first time buyers

From 22 November 2017 first time buyers paying £300,000 or less for a residential property will pay no Stamp Duty Land Tax (SDLT).

First time buyers paying between £300,000 and £500,000 will pay SDLT at 5% on the amount of the purchase price in excess of £300,000, a reduction of £5,000 compared to the amount of SDLT they would have previously paid.

A first time buyer is defined as an individual or individuals who have never owned an interest in a residential property in the United Kingdom or anywhere else in the world and who intends to occupy the property as their main residence.

First time buyers purchasing property for more than £500,000 will not be entitled to any relief and will pay SDLT at the normal rates.

The relief must be claimed in an SDLT return.

Residential property rates

First time buyer up to £500,000

Property or lease premium or transfer value
SDLT rate
Up to £300,000
0%
The next £200,000 (the portion from £300,001 to £500,000)
5%

Previously owned

Property or lease premium or transfer value
SDLT rate
Up to £125,000
0%
The next £125,000 (the portion from £125,001 to £250,000)
2%
The next £675,000 (the portion from £250,001 to £925,000)
5%
The next £575,000 (the portion from £925,001 to £1.5 million)
10%
The remaining amount (the portion above £1.5 million)
12%

Non-residential and mixed use land and property rates

Property or lease premium or transfer value
SDLT rate
Up to £150,000 - freehold or leasehold with annual rent under £1,000
0%
Up to £150,000 - leasehold with annual rent of £1,000 or more
2%
£150,001 to £250,000
5%
£250,001 to £500,000
10%
Over £500,000
12%

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