Stamp Duty and Stamp Duty Land Tax 2015/16

Stamp Duty and Stamp Duty Land Tax

Land and buildings in England, Wales and N. Ireland

Rate
%
Residential*
£
Non-residential**
£
Rate
%
0 0 – 125,000 0 – 150,000 0
2 125,001 – 250,000 150,001 – 250,000 1
5 250,001 – 925,000 250,001 – 500,000 3
10 925,001 – 1,500,000 Over 500,000 4
12 1,500,001 and over

*Payable on consideration which falls in each bracket.
**Payable on total consideration once limit is breached.

SDLT is charged at 15% on interests in residential dwellings costing more than £500,000 purchased by certain non-natural persons for acquisitions with an effective date on or after 20 March 2014.

Shares and securities – rate 0.5%.

Information updated 17 July 2015