Stamp Duty Threshold
Stamp duty land tax on property purchases was reformed in December 2014 and is now calculated more like income tax. The rates payable increase marginally, as shown below.
- £0-£125,000 – 0pc
- £125,001-£250,000 – 2pc
- £250,001-£925,000 – 5pc
- £925,001-£1.5m – 10pc
- £1.5m+ – 12pc
