SDLT Rates and Thresholds for Residential Investment Properties
Residential Investment Properties - SDLT Rates and Thresholds
SDLT is now charged at increasing rates for each portion of the purchase price rather than a set amount for the whole purchase price. Use HM Revenue and Customs’ (HMRC) SDLT calculator to work out how much you’ll pay.
Stamp Duty Land Tax
|between £125k to £250k||5%|
|between £250k to £925k||8%|
|between £925k to £1.5m||13%|
Example of New Stamp Duty Calculations
A buyer exchanges contracts for the purchase of a house for £345,000 on 11 November 2018, with completion expected in December 2018.
The SDLT on the property is calculated as follows.
|3% on the amount below £125k (a)||£3,750|
|5% on the next £125k (b)||£6,250|
|8% on the next £95,000 (c)||£7,600|
|Total SDLT (a + b + c)||£17,600|