Stamp Duty and Annual Tax on Enveloped Dwellings Shares and securities rate 0.5%
The annual tax on Enveloped Dwellings (ATED) is payable by certain non-natural persons that own interests in dwellings valued at more than £500,000.
Stamp Duty and Stamp Duty Land Tax (SDLT) Property in England, Wales and N. Ireland
Rate
|
Residential Property
|
Zero
|
£0 - £125,000
|
2%
|
£125,001 - £250,000
|
5%
|
£250,001 - £925,000
|
10%
|
£925,001 - £1,500,000
|
12%
|
Over £1,500,000
|
SDLT on non-residential and mixed used properties.
Rate
|
Non-Residential Property
|
Zero
|
£0 - £150,000
|
2%
|
£150,001 - £250,000
|
5%
|
Over £250,000
|
These rates are applied on a graduated basis with the portion of the purchase price within each tier charged at the applicable rate.
15% is applied to residential properties held in a 'corporate envelope' costing over £500,000.
A new higher rate of SDLT was introduced on 1 April 2016 and applies to purchases of additional residential property such as buy to let and second homes. The new rate is 3% higher than the current SDLT rates and applies to the purchase of additional residential properties valued at over £40,000.
Scotland: Land & buildings transaction tax (SLBTT) Property in Scotland
Rate
|
Residential Property
|
Zero
|
£0 - £145,000
|
2%
|
£145,001 - £250,000
|
5%
|
£250,001 - £325,000
|
10%
|
£325,001 - £750,000
|
12%
|
Over £750,000
|
Non-Residential and mixed use properties.
Rate
|
Non-Residential Property
|
Zero
|
£0 - £150,000
|
3%
|
£150,001 - £350,000
|
4.5%
|
Over £350,000
|
These rates are applied on a graduated basis with the portion of the purchase price within each tier charged at the applicable rate.
There is a 3% SLBTT supplement for purchases of additional residential properties in Scotland.
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