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On the transfer of property in England, Wales and Northern Ireland, the SDLT is:

Residential Property

 Consideration  Sole  Additional
 Value up to £40,000  0%  0%
 Over £40,000 - £125,000  0%   3%
 Over £125,000 - £250,000  2%  5%
 Over £250,000 - £925,000  5%   8%
 Over £925,000 - £1,500,000  10%  13%
 Over £1,500,000  12%  15%

Residential SDLT calculated on the consideration falling within each band. Additional SDLT of 3% may apply to the purchase of additional residential properties from 1 April 2016.

Non-residential Property

 Consideration  Rate
 Value up to £150,000  0%
 Over £150,000 - £250,000  2%
 Over £250,000 - £500,000  5%

From 17 March 2016 the calculation of SDLT on purchase of non-residential property was changed from the whole transaction value to the same basis as residential (consideration falling within each band).

SDLT rates for leasehold rent transactions have also changed, with a new 2% rate on leases with a net present value (NPV) over £5 million.