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%

* £150,000 for property in disadvantaged areas. £250,000 for first time buyers where completion is on or after 25/03/2010 and before 24/03/2012

From 6 April 2011 SDLT on residential properties over £1M is charged at 5% (does not apply to non-residenial or mixed use properties).


Non Residential Land

On the transfer of non-residential land, SDLT is payable at the following rates:
Value up to £150,000
0%
Value £150,001 - £250,000
1%
Value £250,001 - £500,000
3%
Value over £500,000
4%


Special rates apply to property transactions in disadvantaged areas and new zero carbon homes.

Threshold for first time residential buyers £250,000 until 24 March 2012.


New leases (lease duty)

Percentages applying on the rental stream arising from the grant of a new lease in the UK.
Non-residential properties up to £150,000
0%
over £150,000 *
1%
Residential properties up to £125,000
0%
over £125,000 *
1%

* The tax rate only applies to the relevant rental value which exceeds the nil rate band.