Farley And Partners

STAMP TAXES

Stamp duty is payable at a rate of 0.5% on certain transfers of shares and securities of £1,000 and over.

The incremental rate of stamp duty land tax is only payable on the part of the property price within each duty band.

On the transfer of residential property

Up to £125,000 0% £925,001 to £1,500,000 10%
£125,001 to £250,000 2% Over £1,500,000 12%
£250,001 to £925,000 5% Over £500,000 15%* 

 

*For purchases by certain non-natural persons.

Land and buildings transaction tax in Scotland

Up to £145,000 0% £325,001 to £750,000 10%
£145,001 to £250,000 2% Over £750,000 12%
£250,001 to £325,000 5% Over £750,000 12% 
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