Stamp duty on shares
Buying shares usually attracts a 0.5% charge. Electronic purchases are subject to Stamp Duty Reserve Tax. Shares bought using a stock transfer form attract Stamp Duty if the transaction exceeds £1,000.
SDLT: England and Northern Ireland
Residential property
| Price band | Rate |
|---|---|
| £0 – £125,000 | 0% |
| £125,001 – £250,000 | 2% |
| £250,001 – £925,000 | 5% |
| £925,001 – £1,500,000 | 10% |
| £1,500,001 and above | 12% |
Rates may rise by 5 percentage points where further residential properties costing over £40,000 are bought.
First-time buyer relief
| Price band | Rate |
|---|---|
| £0 – £300,000 | 0% |
| £300,001 – £500,000 | 5% |
| Purchases over £500,000 | Normal rates apply |
Non-residential property
| Price band | Rate |
|---|---|
| £0 – £150,000 | 0% |
| £150,001 – £250,000 | 2% |
| Over £250,000 | 5% |
LBTT: Scotland
Residential property
| Price band | Rate |
|---|---|
| £0 – £145,000 | 0% |
| £145,001 – £250,000 | 2% |
| £250,001 – £325,000 | 5% |
| £325,001 – £750,000 | 10% |
| £750,001 and above | 12% |
Non-residential property
| Price band | Rate |
|---|---|
| £0 – £150,000 | 0% |
| £150,001 – £250,000 | 1% |
| Over £250,000 | 5% |
LTT: Wales
Residential property
| Price band | Rate |
|---|---|
| £0 – £225,000 | 0% |
| £225,001 – £400,000 | 6% |
| £400,001 – £750,000 | 7.5% |
| £750,001 – £1,500,000 | 10% |
| £1,500,001 and above | 12% |
Higher residential rates
| Price band | Rate |
|---|---|
| £0 – £180,000 | 5% |
| £180,001 – £250,000 | 8.5% |
| £250,001 – £400,000 | 10% |
| £400,001 – £750,000 | 12.5% |
| £750,001 – £1,500,000 | 15% |
| £1,500,001 and above | 17% |
Non-residential property
| Price band | Rate |
|---|---|
| £0 – £225,000 | 0% |
| £225,001 – £250,000 | 1% |
| £250,001 – £1,000,000 | 5% |
| Over £1,000,000 | 6% |
How to pay
An SDLT return and any tax due must be submitted within 14 days of completion. Your solicitor usually calculates and files it, but you remain legally responsible. Keep a copy of the return and proof of payment.
FAQs
Frequently asked questions
Who has to pay SDLT?
Anyone buying residential or non-residential property above the threshold, including homebuyers, landlords, companies and investors.
How is it calculated?
In bands. Each rate applies only to the part of the price within that band.
When must it be paid?
Within 14 days of completion. Your solicitor usually handles this.