![]()
Stamp duty
is payable at 0.5% on transfers of shares and securities.
No charge unless the duty (including SDLT) exceeds £5
Stamp Duty Land Tax (SDLT)
Residential Land
There will be relief from SDLT on purchases of residential properties that cost
up to £250,000, where the transaction is completed on or after 25 March
2010 and before 25 March 2012. This relief can only be claimed by first time
buyers who intend to occupy the property as their main home. To help fund this
temporary tax relief, an additional rate of SDLT will be introduced at 5% on
residential properties costing £1 million or more, where the transaction
is completed after 5 April 2011.
On the transfer of residential land, SDLT is payable at the following rates:
| Value up to £125,000* |
0%
|
| Value £125,001 - £250,000 |
1%
|
| Value £250,001 - £500,000 |
3%
|
| Value £500,001 - £1,000,000 |
4%
|
| Value over £1,000,000 |
5%
|
| Value up to £150,000 |
0%
|
| Value £150,001 - £250,000 |
1%
|
| Value £250,001 - £500,000 |
3%
|
| Value over £500,000 |
4%
|
| Non-residential properties up to £150,000 |
0%
|
| over £150,000 * |
1%
|
| Residential properties up to £125,000 |
0%
|
| over £125,000 * |
1%
|