Stamp Duty Calculator

Residential property rates

Residential Rates on purchases from 8 July 2020 to 30th June 2021

Rather than ending on 3oth June 2021, the temporary nil rate band of £500,000 will be in place until 30 June 2021. Then from 1 July 2021 to 30 September 2021 the nil rate band will be £250,000. The nil rate band will return to the standard amount of £125,000 on 1 October 2021.

You can use the table to work out the SDLT due:

Property or lease premium or transfer value SDLT rate
Up to £500,000 Zero
The next £425,000 (the portion from £500,001 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%

From 8 July 2020 to 30 June 2021 the special rules for first time buyers are replaced by the reduced rates set out above.

Use the below link to work out how much tax you’ll pay.

HMRC Stamp Duty Calculator

Calculator: Work out how much tax you’ll pay