2015/16 Stamp Duty Land Tax

On the transfer of property*, the Stamp Duty Land Tax is:

Stamp duty is generally payable at a rate of 0.5% on transfers of shares and securities. On the transfer of property, the stamp duty land tax is:

  Residential Non-Residential
Value up to £125,000** 0% 0%
Over £125,000** to £250,000 2% 1%
Over £250,000 to £500,000 5% 3%
Over £500,000 to £925,000*** 5% 4%
Over £925,000*** to £1,500,000*** 10% -
Over £1,500,000** 12% -

 

Residential SDLT calculated on the consideration falling within each band. Non-Residential SDLT is charges at a single rate depending on the total purchase price.
*Non-Residential £150,000
**Residential Property Only
***From 1st April 2015 the Land and Buildings Transaction Tax replaces SDLT in Scotland. Contact us for advice.