Stamp Duty Threshold

You have to pay Stamp Duty Land Tax (SDLT) if you buy a property in the UK over a certain price. This is charged on all purchases of houses, flats and other land and buildings.

The SDLT rate depends on:

  • The purchase price of the property
  • Whether the property is residential

SDLT may also be due if you lease a property

SDLT rates from 4th December 2014

SDLT is charged at different rates depending on the portion of the purchase price that falls into each rate band.

Before 4th Decemeber 2014, SDLT was charged as a single percentage of the property price.

Residential properties

Purchase price of property                      Rate of SDLT (percentage of proportion of purchase price)

£0- £125,000                                             0%

£125,001-£250,000                                    2%

£250,001- £925,000                                   5%

£925,001- £1.5 million                               10%

Over £1.5 million                                       12%