Stamp Duty Calculator

Stamp Duty Land Tax is a tax which is paid when purchasing a property. It largely depends how much the property costs in total, and is worked out as a combination of percentages.

A property will not require any tax to be paid on it until it costs between £125,001 and £250,000. When the price falls within this margin, 2% tax must be paid on the amount that crosses the threshold.

For example, if a house costs £125,100, the tax will be £2 as that is 2% of the £100 over the threshold amount.

If the property value exceeds £250,000, then the property enters a new tax margin. In addition to the tax already paid on the £125,001-£250,000 margin, the buyer will have to pay 5% on the amount of money paid over £250,001, up to £925,000. Past £925,000, a new margin is entered. See the table below for the margins and their tax rates.

Current Stamp Duty Rates

Property Price Stamp Duty Rate
Up to £125,000 0%
Over £125,000 to £250,000 2%
Over £250,000 to £925,000 5%
Over £925,000 to £1,500,000 10%
Over £1,500,000 12%

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