Stamp Duty Land Tax Rates

From 1st April 2025 the SDLT rates are as follows:

Property or lease premium or transfer value // SDLT 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%

Visit Gov.uk's website for further details here

Also you can use the website's stamp duty calculator on this link below to see your calculation here

#stampduty #conveyancing #stampduty #chichestersolicitors #chichester #westsussex

Previous
Previous

What questions do I need to answer for my online conveyancing quote?

Next
Next

I've accepted an offer… Now what?