New Stamp Duty Thresholds & Calculator 2016

As some of you will already know, as of April 2016 the thresholds for Stamp Duty Land Tax (SDLT) have been changed. Below you can find the New Stamp Duty Thresholds & Calculator 2016 (produced by HMRC for the April 2016).

Residential land or property SDLT (New Stamp Duty Thresholds)

Purchase price of property Rate of SDLT Investors/ Second Homes
Up to £40,000 N/A 0%
Over £40,000 to £125,000 0% 3%
Over £125,000 to £250,000 2% 5%
Over £250,000 to £925,000 5% 8%
Over £925,000 to £1.5 million 10% 13%
Over £1.5 million 12% 15%

Interested in calculating how much stamp duty you would be required to pay ?
Click here to use HMRC Stamp Duty Land Tax Calculator

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