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Stamp Duty Land Tax Calculator

Using the form below you can calculate how much stamp duty you will have to pay on the purchase of your new home, just enter the value of the property and then click on the Calculate button.

 
Value of property
Stamp duty
Stamp Duty Land Tax is a tax payable on all property like houses, flats, other buildings and land with a purchase price of over £125,000. The amount you will have to pay is based upon the selling price of your home. Currently the scale charges are as follows:

Up to £125,000 = nil
£ 125,001 to £250,000 = 1%
£ 250,001 to £500,000 = 3%
£ 500,000 to £ 1,000,000 = 4%
£ 1,000,000 to £2,000,000 = 5%
Over £2,000,000 from 22nd March 2012 = 7%

If you're buying a property an area designated by the government as 'disadvantaged', then different rates of Stamp Duty apply as shown below:

Up to £150,000 = nil
£ 150,001 to £250,000 = 1%
£ 250,001 to £500,000 = 3%
£ 500,000 to £ 1,000,000 = 4%
£ 1,000,000 to £2,000,000 = 5%
Over £2,000,000 from 22nd March 2012 = 7%

Disadvantaged Areas Relief applies to:

  • Residential property transactions where the amount to be paid (or the value of any other consideration) is £150,000 or less

  • The Residential element of "Mixed use" property transactions - For instance a propety containing both a shop and a residention flat are brought togther and the amount given for the flat is less the 150,000.

First time buyers of a residential property didn't need to claim DAR before 25th March 2012 as they could already claim Stamp Duty and Land Tax relief on purchases up to 250,000 - including in disadvantaged areas. However, First time buyers can't claim the SDLT relief on mixed-use properties and should in that case claim DAR if available.

To make life easier for first time buyers, many home buildiers like Bloor have schemes in place where they will pay the Stamp Duty on a property for the buyers - for more infomation please see the individual builders websites for information on the Stamp Duty Schemes.

In addition to the above figures, there is also legislation in place where property over £2 million can be charged Stamp Duty of 15% when it is purchased by certain persons, including corporate bodies from 21st March 2012.

NB - these figures are set by the Government, and are subject to change and the calculator at the top of the page doesn't work for Disadvantaged Area's or Higher Rate Stamp Duty Calculations. If you need to know the Stamp Duty for properties in those bands, please talk to your professional advisor.

 
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