Stamp Duty Land Tax rates: 12 March 2008 to 2 September 2008
Updated 1 April 2025
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Stamp Duty Land Tax (SDLT) rate is charged on the whole amount of the consideration.
Stamp Duty Land Tax rates and thresholds for residential properties
| Land in disadvantaged areas - residential | Land in disadvantaged areas - non-residential | All other land in the UK - residential | All other land in the UK - non-residential | Rate |
|---|---|---|---|---|
| Up to 拢150,000 | Up to 拢150,000 | Up to 拢125,000 | Up to 拢150,000 | Zero |
| Over 拢150,000 to 拢250,000 | Over 拢150,000 to 拢250,000 | Over 拢125,000 to 拢250,000 | Over 拢150,000 to 拢250,000 | 1% |
| Over 拢250,000 to 拢500,000 | Over 拢250,000 to 拢500,000 | Over 拢250,000 to 拢500,000 | Over 拢250,000 to 拢500,000 | 3% |
| Over 拢500,000 | Over 拢500,000 | Over 拢500,000 | Over 拢500,000 | 4% |
Properties bought in a disadvantaged area
for non-residential land transactions isn鈥檛 available for non-residential land transactions with an effective date on or after 17 March 2005.
However the relief is preserved for the completion of:
- contracts entered into and substantially performed on or before 16 March 2005
- substantial performance of other contracts entered into on or before 16 March 2005, provided that:
- there is no variation or assignment of the contract or sub-sale of the property after 16 March 2005
- the transaction isn鈥檛 in consequence of the exercise after 16 March 2005 of an option or right of pre-emption
Where the relief is preserved, the rates for residential and non-residential land is the same.
All claims to this relief must be made on or before 5 May 2014.
New leases
Duty on rent
| Net present value of rent - residential | Net present value of rent - non-residential | Rate |
|---|---|---|
| Up to 拢125,000 | Up to 拢150,000 | Zero |
| Over 拢125,000 | Over 拢150,000 | 1% |
When calculating duty payable on the net present value (NPV) of leases, you must reduce your NPV calculation by the following before applying the 1% rate:
- residential - 拢125,000
- non-residential - 拢150,000
Duty on premium is the same as for transfers of land (except special rules apply for premium on non-residential properties where rent exceeds 拢1,000 annually).