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Stamp Taxes

The rate of stamp duty / stamp duty reserve tax on the transfer of shares and securities is generally payable at 0.5%.

Stamp Duty Land Tax (SDLT)

On the transfer of property in England, Wales and Northern Ireland, the SDLT is:

  Residential Property
  Sole Additional
Value up to £40,000 0% 0%
Over £40,000 to £125,000 0% 3%
Over £125,000 - £250,000 2% 5%
Over £250,000 - £925,000 5% 8%
Over £925,000 - £1,500,000 10% 13%
Over £1,500,000 12% 15%
Residential SDLT calculated on the consideration falling within each band. Additional SDLT of 3% may apply to the purchase of additional residential properties from 1 April 2016.
Non-residential  
Value up to £150,000 0%
Over £150,000 - £250,000 2%
Over £250,000 5%
From 17 March 2016 the calculation of SDLT on purchase of non-residential property was changed from the whole transaction value to the same basis as residential (consideration falling within each band).


SDLT rates for leasehold rent transactions have also changed, with a new 2% rate on leases with a net present value (NPV) over £5 million.
 

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