Wed 01 Mar 2017


Stamp Duty

Stamp duty rates shown below will only apply to the amount of the purchase price that falls within the particular threshold. 

• Up to £125,000 : 0%

• £125,001 to £250,000 : 2%

• £250,001 to £925,000 : 5%

• £925,001 to £1.5m : 10%

• Above £1.5m : 12%

No tax will be paid on the first £125,000 of a property, followed by 2% on the portion up to £250,000, 5% up to £925,000, 10% up to £1.5 million and 12% on everything over that.  

This system will remove the bunching of property prices just below the old threshold levels, where a disproportionate system meant there was a huge jump in the amount of tax paid by a buyer on crossing a threshold.  


HMRC has an online calculator to help your clients work out how much stamp duty they will have to pay. 

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