Stamp Duty Land Tax in England and Northern Ireland

When you buy a residential property in England and Northern Ireland over a certain price you have to pay Stamp Duty Land Tax (SDLT). 

The tax is paid to the government within 14 days of completion of the sale via an SDLT return to HMRC. If you have a solicitor, estate agent or conveyancer, they’ll usually file your return and pay the tax on your behalf on the day of completion and add the amount to their fees. They’ll also claim any relief you’re eligible for, such as if you’re a first-time buyer. You can also file the return and pay the tax yourself if you wish to do so. 

On 8th July 2020 the Government announced a stamp duty holiday to support the economy through the COVID-19 crisis. This holiday lasts until 31st March 2021.

Use our Stamp Duty Calculator to calculate how much stamp duty you could pay depending on the your reason for purchasing the property and it's value.

If you're buying in Scotland you will pay a Land and Buildings Transaction Tax.

Stamp duty rates in England and Northern Ireland for residential property from 8th July 2020 to 31st March 2021:

Purchase price under £500,000

No stamp duty is charged on properties under £500,000.

Purchase price between £500,001 and £925,000

Buyers don’t pay stamp duty on the first £500,000. They then pay 5% on the portion of the property price over £500,001.

Purchase price between £925,001 and £1.5m

Buyers don’t pay stamp duty on the first £500,000. They then pay 5% on the portion of the price between £500,001 and £925,000 and 10% on the portion between £925,001 and £1.5 million.

Purchase price over £1.5m

Buyers don’t pay stamp duty on the first £500,000. They then pay 5% on the portion of the price between £500,001 and £925,000, 10% on the portion between £925,001 and £1.5 million and 12% on the portion over £1.5m.

Stamp duty rates in England and Northern Ireland for residential property 22nd November 2017 to 7th July 2020:

Purchase price under £125,000

No stamp duty is charged on properties under £125,000.

Purchase price between £125,001 and £250,000

Buyers don’t pay stamp duty on the first £125,000. They then pay 2% on the remainder of the property price up to £250,000.

Purchase price between £250,001 and £925,000

Buyers don’t pay stamp duty on the first £125,000. They then pay 2% on the portion of the price between £125,001 and £250,000, then 5% on the portion of the price over £250,001.

Purchase price between £925,001 and £1.5m

Buyers don’t pay stamp duty on the first £125,000. They then pay 2% on the portion of the price between £125,001 and £250,000, 5% on the portion of the price between £250,001 and £925,000 and 10% on the portion between £925,001 and £1.5 million.

Purchase price over £1.5m

Buyers don’t pay stamp duty on the first £125,000. They then pay 2% on the portion of the price between £125,001 and £250,000, 5% on the portion of the price between £250,001 and £925,000, 10% on the portion between £925,001 and £1.5 million and 12% on the portion over £1.5 million.

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