Across the whole of the UK, residential rates may be increased by 3% (4% in Scotland) where further residential properties are acquired.
Stamp Duty Land Tax
Land and buildings in England and N. Ireland
Residential | |
---|---|
0 – £125,000 | 0% |
£125,001 – £250,000 | 2% |
£250,001 – £925,000 | 5% |
£925,001 – £1,500,000 | 10% |
Over £1,500,000 | 12% |
Non-Residential | |
0 – £150,000 | 0% |
£150,001 – £250,000 | 2% |
Over £250,000 | 5% |
First-Time Buyer relief may apply on residential purchases up to £500,000.
Land and Buildings Transaction Tax
Land and Buildings in Scotland
Residential | |
---|---|
0 – £145,000 | 0% |
£145,001 – £250,000 | 2% |
£250,001 – £325,000 | 5% |
£325,001 – £750,000 | 10% |
Over £750,000 | 12% |
Non-Residential | |
0 – £150,000 | 0% |
£150,001 – £250,000 | 1% |
Over £250,000 | 5% |
Land Transaction Tax
Land and Buildings in Wales
Residential | |
---|---|
0 – £180,000 | 0% |
£180,001 – £250,000 | 3.5% |
£250,001 – £400,000 | 5% |
£400,001 – £750,000 | 7.5% |
£750,001 – £1,500,000 | 10% |
Over £1,500,000 | 12% |
Non-Residential | |
0 – £150,000 | 0% |
£150,001 – £250,000 | 1% |
£250,001 – £1,000,000 | 5% |
Over £1,000,000 | 6% |