First Residence
Land Tax Would Be
From 1st July 2021
From 1st Oct 2021
Main Residence
Land Tax Would Be
From 1st July 2021
From 1st Oct 2021
Second Residence
Land Tax Would Be
From 1st July 2021
From 1st Oct 2021
The Stamp Duty Land Tax Holiday has been extended to 30th June 2021. From 1st July 2021, the threshold will drop to £250,000. Stamp duty thresholds will return back to normal levels from 1st October 2021.
*Please note: For purchases under £500,000, these illustrations do not include current threshold reliefs.
Only Residence (First Time Buyer)
Threshold | Rate | Tax |
---|---|---|
£300,000 | 0% | £ |
£925,000 | 5% | £ |
£1,500,000 | 10% | £ |
£1,500,000 + | 12% | £ |
Main Residence
Threshold | Rate | Tax |
---|---|---|
£125,000 | 0% | £ |
£250,000 | 2% | £ |
£500,000 | 5% | £ |
£925,000 + | 10% | £ |
£1,500,000 + | 12% | £ |
Second Residence
Threshold | Rate | Tax |
---|---|---|
£125,000 | 3% | £ |
£250,000 | 5% | £ |
£925,000 | 8% | £ |
£1,500,000 | 13% | £ |
£1,500,000 + | 15% | £ |
PLEASE NOTE: This calculator provides a guide to stamp duty land tax costs and does not guarantee eligibility for a mortgage. Please contact us for a personalised Mortgage Illustration.
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