2017/18

  • SDLT is payable on land and property transactions in England, Wales and Northern Ireland.
  • Property transactions in Scotland are subject to Land and Buildings Transaction Tax.
  • From April 2018, Land Transaction Tax (LTT) will replace SDLT in Wales.

Residential property

The rates apply to the portion of the total value which falls within each band.

Consideration (£) 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%

From April 2016 these rates may be increased by 3% where further residential properties, costing over £40,000, are acquired.

Non-residential SDLT rates

Consideration (£) Rate
0 – 150,000 0%
150,001 – 250,000 2%
Over 250,000 5%

Payable on consideration which falls in each band.