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Tax Tables

Stamp Duty Land Tax

 

Residential property purchase - by transfer value

2024/25

2023/24

23-Sep-22 - 5-Apr-23

1-Oct-21 - 22-Sep-22

Standard rates

£0 - £125,000 0% 0% 0% 0%
£125,001 - £250,000 0% 0% 0% 2%
£250,001 - £925,000 5% 5% 5% 5%
£925,001 - £1,500,000 10% 10% 10% 10%
£1,500,001 + 12% 12% 12% 12%

First time buyers of property costing up to £625,000 (previously £500,000)

£0 - £300,000 0% 0% 0% 0%
£300,001 - £425,000 0% 0% 0% 5%
£425,001 - £500,000 5% 5% 5% 5%
£500,001 - £625,000 5% 5% 5% N/A

Purchase of second property

£0 - £40,000 0% 0% 0% 0%
£40,001 - £250,000 3% 3% 3% 5%
£250,001 - £925,000 8% 8% 8% 8%
£925,001 - £1,500,000 13% 13% 13% 13%
£1,500,001 + 15% 15% 15% 15%

Companies and non-natural-persons

£0 - £40,000 0% 0% 0% 0%
£40,001 - £250,000 3% 3% 3% 5%
£250,001 - £500,000 8% 8% 8% 8%
£500,001 + 15% 15% 15% 15%
 

Surcharge for property purchased by non-UK residents - by transfer value

2024/25

2023/24

2022/23

£0 - £40,000 0% 0% 0%
£40,001 + 2% 2% 2%
 

Non-residential property - by transfer value

2024/25

2023/24

2022/23

£0 - £150,000 0% 0% 0%
£150,001 - £250,000 2% 2% 2%
£250,001 + 5% 5% 5%
 

Leases - by net present value of rent

2024/25

2023/24

23-Sep-22 - 5-Apr-23

1-Oct-21 - 22-Sep-22

Residential property

£0 - £125,000 0% 0% 0% 0%
£125,001 - £250,000 0% 0% 0% 1%
£250,001 + 1% 1% 1% 1%

Non-residential property

£0 - £150,000 0% 0% 0% 0%
£150,000 - £5,000,000 1% 1% 1% 1%
£5,000,001 + 2% 2% 2% 2%

Residential property leased by non-UK residents

£0 - £40,000 0% 0% 0% 0%
£40,001 - £125,000 2% 2% 2% 2%
£125,001 - £250,000 2% 2% 2% 3%
£250,001 + 3% 3% 3% 3%
 

Annual Tax on Enveloped Dwellings (ATED) - by value of property

2024/25

2023/24

2022/23

£0 - £500,000 £0 £0 £0
£500,001 - £1,000,000 £4,400 £4,150 £3,800
£1,000,001 - £2,000,000 £9,000 £8,450 £7,700
£2,000,001 - £5,000,000 £30,550 £28,650 £26,050
£5,000,001 - £10,000,000 £71,500 £67,050 £60,900
£10,000,001 - £20,000,000 £143,550 £134,550 £122,250
£20,000,001 + £287,500 £269,450 £244,750
 

Stamp tax on the purchase of shares

2024/25

2023/24

2022/23

Duty on shares purchased electronically 0.5% 0.5% 0.5%
Reserve tax on shares transferred to depositary schemes or clearance services 1.5% 1.5% 1.5%

Duty on shares purchased using a stock transfer form

Transaction value of £0 - £1,000 0.0% 0.0% 0.0%
Transaction value of £1,001 + 0.5% 0.5% 0.5%

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