Stamp Duty Calculator

You have to pay Stamp Duty (SD) if you buy a property in the UK over a certain price. This is charged on all purchases of houses, flats and other land and buildings.

What is Stamp Duty?

Stamp Duty is a tax which must be paid by anyone who is purchasing a property over £125,000.

From 1st April 2015 Stamp Duty won’t apply in Scotland. Instead you’ll pay Land and Buildings Transaction Tax when you buy a property.

How is Stamp Duty calculated?

The Stamp Duty rate depends on:

  • The purchase price of the property
  • Whether the property is residential
  • Whether the buyer is a corporate body
  • Stamp Duty may also be due if you lease a property.

Stamp Duty Rates

Previously, Stamp Duty was charged at a single rate for the entire price of a property. From 4 December, Stamp Duty is charged at increasing rates for each portion of the price. You can choose to pay Stamp Duty at the old or the new rates if you exchanged contracts on or before 3 December 2014, and completed on 4 December or later.

Stamp Duty Calculator

The rate of stamp duty you will pay depends on where in the UK you buy your property. Scotland uses different rates to England, Wales and Northern Ireland.

I am buying a property in:

How much will I have to pay?

Your Results

You will have to pay £0 in stamp duty

You pay:
no stamp duty on the first £125,000, then
2% above £125,000,
5% on £250,000 to £925,000,
10% on £925,000 to £1.5 million and
12% above £1.5 million.

You pay:
no stamp duty on the first £145,000, then
2% above £145,000,
5% on £250,000 to £325,000,
10% on £325,000 to £750,000 and
12% above £750,000.

Your effective stamp duty rate is 0%

Stamp Duty Thresholds

As the price you pay for a new property increases, so do the rates of stamp duty. You pay a percentage of the cost, and the rate payable leaps up at a set of thresholds - but, you only pay the proportion of the purchase price that's actually above the thresholds at the higher rate.

In England, Wales and N Ireland
Purchase price Stamp duty rate
Up to £125,000 0%
£125,000 - £250,000 2%
£250,000 - £925,000 5%
£925,000 - £1.5 million 10%
Over £1.5 million 12%

From December 4th 2014

In Scotland

Like the system in the rest of the UK. However, the bandings are different in Scotland as shown in the table below.

Purchase price Stamp duty rate
Up to £145,000 0%
£145,000 - £250,000 2%
£250,000 - £325,000 5%
£325,000 - £750,000 10%
Over £750,000 12%

From April 1st 2015

Disclaimer
This is for information only and should not be relied upon unless confirmed by a purchaser with their conveyancer. For more detailed information on Stamp Duty visit www.gov.uk/stamp-duty-land-tax/overview and for Land and Buildings Transaction Tax: www.gov.scot/Topics/Government/Finance/scottishapproach/lbtt