Current Stamp Duty Land Tax Rates for residential purchases are generally as follows:-
For further information on SDLT and OTHER TAX RATES please click on the following link to HM Revenue & Customs’ full tables:-
|
Price paid up to £125,000: |
0% |
|
Over £125,000 up to £250,000: |
1% |
|
Over £250,000 up to £500,000: |
3% |
|
Over £500,000: |
4% |
[The nil rate band for commercial properties continues up to £150,000]
Special rules apply on the grant of new leases, as tax may be payable on the annual rents as well as on the price paid.
Burkill Govier and Astrantia are trading names of BG Legal Services Limited, which is registered in England No. 5823947, having its registered office at 2 Maritime House, The Hart, Farnham, Surrey GU9 7HW. A list of directors is open to inspection at the registered office. BG Legal Services Limited is regulated by the Solicitors Regulation Authority. Tel: 01252 727478; Fax: 01252 717188. DX 32804 Farnham. Email to enquiries@burkillgovier.com