Calculate Stamp Duty (SDLT) in England & Northern Ireland There are different rules if you or the person you’re buying with are first time buyers purchasing their first home and the purchase price is less than £500,000. Anyone buying an additional residential property worth £40,000 or...
Check UK stamp duty rates for residential property, use the stamp duty calculator, check different scenarios for extra 3% stamp duty.
When a buying a property that is not the only residential dwelling that you own, you will pay a higher rate of Stamp Duty Land Tax. HMRC calls this charge the ‘Higher Rates on Additional Dwellings’ or ‘HRAD’. What is Stamp Duty Land Tax? Stamp Duty Land Tax (or SDLT as it is ...
In these circumstances, as long as you exchange contracts to sell your former main residence within 3 years, you can claim a refund from HMRC of the additional 3% stamp duty paid. Can I avoid stamp duty? According to the latest data, the average price of a house in the UK is £296...
Stamp Duty Land Tax (SDLT) is charged on property transactions in the UK when their value is above a set threshold. Depending on the nature of these transactions, there are some cases when the buyer will qualify for a refund of stamp duty. The rules on claiming back stamp duty land tax...