Stamp Duties and Property Transaction Taxes
Stamp Duty and SDRT: Stocks and marketable securities 0.5% |
Additional residential and all corporate residential properties |
England & N Ireland – Stamp Duty Land Tax (SDLT) on slices of value |
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Residential property |
% |
Commercial property* |
% |
Up to £125,000 |
0 |
Up to £150,000 |
0 |
£125,001–£250,000 |
2 |
£150,001–£250,000 |
2 |
£250,00–£925,000 |
5 |
Over £250,000 |
5 |
£925,001–£1,500,000 |
10 |
|
|
Over £1,500,000 |
12 |
|
|
*0% for freeport qualifying property in England only First time buyers: 0% on first £300,000 for properties up to £500,000 Non-resident purchasers: 2% surcharge on properties £40,000 or more Residential properties bought by companies etc. over £500,000: 15% of total consideration, subject to certain exemptions |
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Scotland – Land and Buildings Transaction Tax (LBTT) on slices of value |
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Residential property |
% |
Commercial property |
% |
Up to £145,000 |
0 |
Up to £150,000 |
0 |
£145,001–£250,000 |
2 |
£150,001–£250,000 |
1 |
£250,001–£325,000 |
5 |
Over £250,000 |
5 |
£325,001–£750,000 |
10 |
|
|
Over £750,000 |
12 |
|
|
First time buyers: 0% on the first £175,000 |
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Wales – Land Transaction Tax (LTT) on slices of value |
|||
Residential property |
% |
Commercial property |
% |
|
|
|
|
Up to £180,000 |
0 |
Up to £225,000 |
0 |
£180,001–£250,000 |
3.5 |
£225,001–£250,000 |
1 |
£250,001–£400,000 |
5 |
£250,001–£1,000,000 |
5 |
£400,001–£750,000 |
7.5 |
Over £1,000,000 |
6 |
£750,001–£1,500,000 |
10 |
|
|
Over £1,500,000 |
12 |
|
|
