Stamp Duty Land Tax (SDLT) is charged on land and property transactions in the UK. The tax is charged at different rates and has different thresholds for different types of property and different values of transaction. The table below illustrates what percentage of the purchase price is payable as SDLT.

£0 - £125,000

0 %

0 %

£125,001 - £250,000

1 %

0 %

£250,001 - £500,000

3 %

3 %

£500,001 - £1 million

4 %

4 %

Over £1 million

5 %

5 %