Calculate Your Stamp Duty

£

Results

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 8 July 2020 to June 2021

From 8 July, the new Stamp Duty Land Tax (SDLT) threshold of £500,000 will apply and will run until 30 June 2021. This means any buyer purchasing a primary residential property between 8 July 2020 and 30 June 2021, up to the value of £500,000, will be exempt from paying Stamp Duty.

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

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

1st home sdlt

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

If you purchase a residential property between 1 July to 30 September 2021 you will only start paying SDLT on the amount that you pay for the property above £250,000.

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

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

sdlt july to sept View a selection of homes under £925,000

Second homes

When it comes to purchasing a second home, the higher additional rates remains with a 3% higher rate on top of the new revised standards. So, if you are purchasing a holiday home up to the threshold value of £500,000, you will pay 3% SDLT. Those buying a second home over the threshold with pay 8% on the portion from £500,001 to £925,000, 13% on the portion from £925,001 to £1.5 million, and 15% on the remaining portion over £1.5 million.

2nd home