
You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England, Wales and Northern Ireland.
Stamp Duty rates
Minimum property purchase price | Maximum property purchase price | Stamp Duty rate (only applies only to that part of the property price that falls within each band) |
---|---|---|
£0 | £125,000 | 0% |
£125,001 | £250,000 | 2% |
£250,001 | £925,000 | 5% |
£925,001 | £1.5 million | 10% |
Over £1.5 million | 12% |