Tax Rates & Allowances 2015/16
Stamp Duty and Stamp Duty Land Tax
Land and buildings in England, Wales and N. Ireland
| Rate % |
Residential* £ |
Non-residential** £ |
Rate % |
| 0 | 0 - 125,000 | 0 - 150,000 | 0 |
| 2 | 125,001 - 250,000 | 150,001 - 250,000 | 1 |
| 5 | 250,001 - 925,000 | 250,001 - 500,000 | 3 |
| 10 | 925,001 - 1,500,000 | Over 500,000 | 4 |
| 12 | 1,500,001 and over | - | - |
*Payable on consideration which falls in each bracket.
**Payable on total consideration once limit is breached.
SDLT is charged at 15% on interests in residential dwellings costing more than £500,000 purchased by certain non-natural persons for acquisitions with an effective date on or after 20 March 2014.
Shares and securities - rate 0.5%.