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% |
