Tax Rates & Allowances 2016/17
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 | 2 |
| 5 | 250,001 - 925,000 | Over 250,000 | 5 |
| 10 | 925,001 - 1,500,000 | - | - |
| 12 | Over 1,500,000 | - | - |
*Payable on consideration which falls in each bracket.
**Payable on consideration which falls in each bracket from 17 March 2016.
♦Rates may be increased by 3% where further residential properties costing £40,000 or over are acquired on or after 1 April 2016.
SDLT is charged at 15% on interests in residential dwellings costing more than £500,000 purchased by certain non-natural persons.
Shares and securities - rate 0.5%.