SDLT Rates and Thresholds for Residential Investment Properties
Residential Investment Properties - SDLT Rates and Thresholds
SDLT is now charged at increasing rates for each portion of the purchase price rather than a set amount for the whole purchase price. Use HM Revenue and Customs’ (HMRC) SDLT calculator to work out how much you’ll pay.
Purchase Price | Stamp Duty Land Tax(SDLT)Rate |
| below £40k | 0% |
| below £125k | 3% |
| between £125k to £250k | 5% |
| between £250k to £925k | 8% |
| between £925k to £1.5m | 13% |
| above £1.5m | 15% |
Example of New Stamp Duty Calculations
A buyer exchanges contracts for the purchase of a house for £345,000 on 11 November 2018, with completion expected in December 2018.
The SDLT on the property is calculated as follows.
Charge | Tax Payable |
| 3% on the amount below £125k (a) | £3,750 |
| 5% on the next £125k (b) | £6,250 |
| 8% on the next £95,000 (c) | £7,600 |
| Total SDLT (a + b + c) | £17,600 |
Available on-line at www.btl-direct.com