What was stamp duty in 2012?
SDLT rates and thresholds for residential properties
| Purchase price/lease premium or transfer value | SDLT rate |
|---|---|
| Over £250,000 to £500,000 | 3% |
| Over £500,000 to £1 million | 4% |
| Over £1 million to £2 million | 5% |
| Over £2 million from 22 March 2012 | 7% |
What was stamp duty in 2014?
SDLT rates and thresholds for residential properties
| Purchase price/lease premium or transfer value | SDLT rate |
|---|---|
| Up to £125,000 | Zero |
| Over £125,000 to £250,000 | 1% |
| Over £250,000 to £500,000 | 3% |
| Over £500,000 to £1 million | 4% |
What was stamp duty in 2003?
For conveyances and transfers from 1 December 2003 SDLT applies, see the rates and allowances for SDLT….Leasehold property: average rent of lease.
| Term of lease | Rate |
|---|---|
| 7 years or less – annual rent more than £5000 | 1% |
| 7 – 35 years | 2% |
| 35 – 100 years | 12% |
| Over 100 years | 24% |
What was the stamp duty in 2015?
Stamp Duty Land Tax (SDLT)
| On the transfer of property♦ the stamp duty land tax is: | Residential | Non-Residential |
|---|---|---|
| Value up to £125,000* | 0% | 0% |
| Over £125,000*– £250,000 | 2% | 1% |
| Over £250,000 – £500,000 | 5% | 3% |
| Over £500,000 – £925,000† | 5% | 4% |
What were stamp duty rates in 2011?
Up to £125,000 0% Up to £150,000 0% £125,001 to £250,000 1% £150,001 to £250,000 1% £250,001 to £500,000 3% £250,001 to £500,000 3% £500,001 to £1,000,000* 4% £500,001 and over 4% £1,000,001 and over* 5% *From April 2011 onwards.
How much is stamp duty on a house UK?
Stamp Duty Land Tax (SDLT) is a tax paid by the buyer of a UK residential property. The stamp duty rate ranges from 2% to 12% of the purchase price, depending upon the value of the property bought, the purchase date and whether you are a first time buyer or multiple home owner.
What was stamp duty in 2011?
SDLT rates and thresholds for residential properties
| Purchase price/lease premium or transfer value | SDLT rate | SDLT rate for first-time buyers |
|---|---|---|
| Up to £125,000 | Zero | Zero |
| Over £125,000 to £250,000 | 1% | Zero |
| Over £250,000 to £500,000 | 3% | 3% |
| Over £500,000 to £1 million | 4% | 4% |
What was stamp duty in 2021?
From the 1 July 2021 first time buyers pay 0% SDLT on the value of a property under £300,000 and 5% Stamp Duty Land Tax on the value of the property between £300,000 and £500,000.
What was stamp duty rate in 2016?
As an example, from 1st April 2016, if you buy an additional property for £350,000 the breakdown of duty is as follows: 3% on the first £125,000; 5% for the next price bracket to £250,000 and 8% on the remaining amount above £250,001.
What was stamp duty in 2010?
SDLT rates and thresholds for residential properties
| Purchase price/lease premium or transfer value | SDLT rate | SDLT rate for first-time buyers |
|---|---|---|
| Up to £125,000 | Zero | Zero |
| Over £125,000 to £250,000 | 1% | Zero |
| Over £250,000 to £500,000 | 3% | 3% |
| Over £500,000 | 4% | 4% |
What were stamp duty rates in 2007?
Stamp Duty Land Tax
| Consideration paid | Land in disadvantaged areas | |
|---|---|---|
| Up to £125,000 | 0% | 0% |
| £125,001 to £150,000 | 0% | 0% |
| £150,001 to £250,000 | 1% | 1% |
| £250,001 to £500,000 | 3% | 3% |
What is normal stamp duty?
What is stamp duty? Stamp Duty Land Tax (SDLT) is a tax paid by the buyer of a UK residential property when the purchase price exceeds £125,000. The stamp duty rate ranges from 2% to 12% of the purchase price, depending upon the value of the property bought, the purchase date and whether you are a multiple home owner.