| Shares and marketable securities |
0.5%*
|
| Residential* | Non
Residential or Mixed ** (plus residential in disadvantaged areas) |
Rate
|
| up to £125,000 | up to £150,000 |
0%
|
| £125,001 to £250,000 | £150,001 to £250,000 |
1%
|
| £250,001 to £500,000 | £250,001 to £500,000 |
3%
|
| Above £500,000 | Above £500,000 |
4%
|
* From 12 March 2008, for new leases, rates on premiums are the same as
for land
** From 12 March 2008, special rules apply to rates on premiums where annual
rent exceeds £1,000.
Buyers of new zero-carbon flats with a purchase price on first sale of up
to £500,000 will not be liable to stamp duty land tax. Purchases on
or after 1 October 2007 will qualify if the buyer claims the relief by 30
September 2012. Transfers of an interest in a property within a property
investment partnership will not be subject to stamp duty land tax.
Leases
Rent (net present value)
| Residential** | Non Residential |
Rate
|
| up to £125,000 | up to £150,000 |
0%
|
| Over £125,001 | Over £150,001 |
1%
|