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Stamp Duty and Stamp Duty Land Tax


Rates on sales % of Total Consideration
Shares and marketable securities (nil if value up to £1,000) 0.5%
Land 0 - threshold NIL
  Threshold - £250,000 1%
  £250,001 - £500,000 3%
  £500,001 and over (all properties) 4%
  Over £1M (residential from 6.4.2011) 5%
The threshold is:
  £125,000 general residential property
  £150,000 residential in "disadvantaged areas"
  £150,000 commercial property
For the two years to 24.3.2012, first time buyers can claim relief from SDLT on purchases of up to £250,000 for property they intend to live in.

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