Last Updated on: 22nd November 2023, 02:06 am
For residential properties in the UK, Stamp Duty Land Tax (SDLT) is typically applicable when purchasing, such as a house or flat. SDLT is calculated on incremental portions of the property price and is only required for properties valued above £250,000. You can use our stamp duty calculator tool below to calculate the Stamp Duty Land Tax on your new property
The specific (Stamp Duty Land Tax ) SDLT amount you owe is determined by:
- The date of your property purchase.
- The total purchase price of the property.
- Any eligibility you might have for relief or exemption.
You can easily calculate your SDLT liability using the Stamp Duty Calculator below:
Stamp Duty Calculator Calculator
Stamp Duty Land Tax = :
Property Price | SDLT Rate |
---|---|
Up to £125,000 | 0% |
£125,001 - £250,000 | 2% |
£250,001 - £925,000 | 5% |
£925,001 - £1,500,000 | 10% |
Above £1,500,000 | 12% |