Stamp Duty Calculator

Stamp Duty is a Tax that you have to pay if you buy a property worth £125,000 or more. The amount you pay depends on the purchase price. The calculation is based on a percentage of varying portions of the purchase price as below: First time buyers are exempt from the duty of any purchase up to the value of £300,000 and liable to 5% of the portion above up to the value of £500,000

 
Property or lease premium or transfer valueSDLT rate
Up to £125,000 Zero
The next £125,000 (the portion from £125,001 to £250,000)2%
The next £675,000 (the portion from £250,001 to £925,000)5%
The next £575,000 (the portion from £925,001 to £1.5 million)10%
The remaining amount (the portion above £1.5 million)12%
 

Example

If you buy a property for £275,000, the SDLT you owe is calculated as follows:

  • 0% on the first £125,000 = £0
  • 2% on the next £125,000 = £2,500
  • 5% on the final £25,000 = £1,250
  • Total SDLT = £3,750