| Stamp
Taxes |
| Shares and
marketable securities |
0.5% |
| *Rounded
up to the nearest multiple of £5. Transactions of value
£1,000 or less are exempt. |
| Tranfers
of land and buildings (consideration paid) |
| Residential** |
Non-residential |
Rate
|
| £175,000
or less |
£150,000
or less |
Nil
|
| £175,001 - £250,000 |
£150,001
- £250,000 |
1%
|
| £250,001
- £500,000 |
£250,001
- £500,000 |
3%
|
| Over £500,000 |
Over £500,000 |
4%
|
| |
| Leases
|
| Rent (net present
value) |
| Residential** |
Non-residential |
Rate
|
| Up
to £175,000 |
Up
to £150,000 |
Nil
|
| Over £175,000***
|
Over
£150,000 |
1% |
| **Different rates apply
to leases with remaining term of less than 21 years |
| ***1% of excess over
£125,000 |
| Residential threshold
to be reduced to £125,000 from 01.01.2010 |
| Premiums |
|
Duty
on premiums is the same as for transfers of land (but special
rules apply to non-residential property where rent exceeds
£1000 annually).
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