Stamp Duty Calculator

Calculate Your Stamp Duty

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Calculate Stamp Duty

Result

Taxable Sum
320,000
Stamp Duty to pay
12,250
Effective Rate: 1.67%

How stamp duty is calculated

Tax Band % Taxable Sum TAX
£0 - £125,000 0% £0 £0
£125,001 - £250,000 2% £0 £0
£250,001 - £925,000 5% £0 £0
£925,001 - £1,500,000 10% £0 £0
£1,500,001 + 12% £0 £0
Tax Band %
£0 - £125,000 0%
£125,001 - £250,000 2%
£250,001 - £925,000 5%
£925,001 - £1,500,000 10%
£1,500,001 + 12%
Taxable Sum TAX
£0 £0
£0 £0
£0 £0
£0 £0
£0 £0

 

How much is Stamp Duty?

You pay 0% for the first £125,000, 2% on the portion up to £250,000, 5% up to £925,000, 10% up to £1.5m and 12% on anything above that.

From 1 April 2016, Stamp Duty Land Tax will increase by 3% on top of current rates for purchases of additional residential properties, such as buy to let properties and second homes.
Minimum property purchase price Maximum property purchase price Stamp Duty rate (only applies to that part of the property price that falls within each band)
£0 £125,000 0%
£125,001 £250,000 2%
£250,001 £925,000 5%
£925,001 £1.5 million 10%
Over £1.5 million 12%

For example, if your new home costs £175,000 you’ll pay £1,000 (2% of the property value that falls within the relevant band)