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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.

Purchase Price

Stamp Duty Land Tax

(SDLT)Rate

below £40k 0%
below £125k 3%
between £125k to £250k 5%
between £250k to £925k 8%
between £925k to £1.5m 13%
above £1.5m 15%

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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.

Charge

Tax Payable

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