Calculate Your Stamp Duty

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Duty To Pay
£10,000.00
Effective Rate
2.5%
Tax Band % Duty

New temporary changes to Stamp Duty Land Tax in England and Northern Ireland

Residential rates on purchases from 1 July 2021 to 30 September 2021

If you purchase a residential property between 1st July 2021 to 30 September 2021, you only start to pay Stamp Duty Land Tax (SDLT) on the amount that you pay for the property above £250,000. This means any buyer purchasing a primary residential property from 1 July 2021 to 30 September 2021, up to the value of £250,000 will be exempt from paying Stamp Duty.

​Depending on your circumstances, the tax thresholds change, for example, the price of the property and whether you are buying an additional property, will impact on the amount of tax you pay.

You can use the below table to work out the SDLT due:

SDLT Table

In addition to the above, there is a discount relief for individuals buying their first home from the 1 July 2021. This means that there will be no SDLT payable on first homes up to the value of £300,000 and 5% SDLT will be payable on properties with a value between £300,001 to £500,000. If the purchase price is above £500,000, then the Stamp Duty table above applies, following the rules for those who’ve bought a home before.

View a selection of homes under £925,000

Second homes

When it comes to purchasing a second home, the higher additional rates remain with a 3% higher rate on top of the newly revised standards. So, if you are purchasing a holiday home up to the threshold value of £250,000 you will pay 3% SDLT. Those buying a second home over the threshold will pay 8% on the portion from £250,001 to £925,000, 13% on the portion from £925,001 to £1.5 million, and 15% on the remaining portion over £1.5 million.

Visit gov.uk for more information