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STAMP DUTY LAND TAX & STAMP DUTY

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ALLOWANCES &

TAX RATES

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SDLT is payable in England & NI. It applies to transactions in Wales up to 4 April 2018, from which date the Welsh LTT applies. In Scotland, the LBTT replaced SDLT from April 2015.

Residential property SDLT rate
Up to £125,000 Zero
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%

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.

Rates for first time buyers (for properties worth £500,000 or less)
Property value After 22 November 2017 - on the portion of value above the threshold
£0-£300,000 0%
£300,001-£500,000 5%
£500,000+ Standard rates above apply
Non-residential property from 17 March 2016 - on consideration falling in each band SDLT rate
Up to £150,000 Zero
£150,001 to £250,000 2%
Over £250,000 5%

Tax when you buy shares - Shares bought through the CREST system - Stamp Duty at 0.5%.  Shares purchased using a stock transfer form - Stamp Duty if the transaction is over £1000 at 0.5%.

Rates & Allowances Pages ► Income Tax Rates & AllowancesCapitlal Gains TaxPensions

Registered office: 61 Friar Gate, Derby, Derbyshire, DE1 1DJ

Adrian Mooy & Co is the trading name of Adrian Mooy & Co Ltd.  Registered in England No. 05770414

Registered to carry out audit work by the Association of Chartered Certified Accountants - auditregister.org.uk 8011438

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