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STAMP TAXES
Stamp duty is payable at a rate of 0.5% on certain transfers of shares
and securities of £1,000 and over.
The incremental rate of stamp duty land tax is only payable on the
part of the property price within each land tax band.
n
Stamp duty land tax
On the transfer of residential*
property
On the transfer of non-residential
property
Less than £125,000
0% Less than £150,000
0%
From £125,001 to
£250,000
2%
From £150,001 to
£250,000
2%
From £250,001 to
£925,000
5% Over £250,000
5%
From £925,001 to
£1,500,000
10%
Over £1,500,000
12%
Over £500,000
15%**
* Additional 3% rate applies to second properties over £40,000.
** For purchases by companies and other certain non-natural persons,
subject to certain exclusions.
n
Land and buildings transaction tax in Scotland
On the transfer of residential*
property
On the transfer of non-residential
property
£0 - £145,000
0%
£0 - £150,000
0%
£145,001- £250,000
2%
£150,001- £350,000
3%
£250,001 - £325,000
5% Over £350,000
4.5%
£325,001 - £750,000
10%
Over £750,000
12%
* Additional 3% rate applies to second properties over £40,000.