UK property and buy-to-let stamp duty tax calculator

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In the 2020 Summer Statement the UK Chancellor, Rishi Sunak, announced a reduction in the rate of stamp duty for residential property.
The nil rate band was increased from £125,000 to £500,000 from 8 July 2020 to 31 March 2021

£

Results:

Stamp Duty to pay:
Effective Rate:
%

How the Stamp Duty is calculated

Tax band Taxable amount Tax rate Stamp duty
0 - £500,000 0%
£500,000 - £925,000 5%
£925,000 - £1,500,000 10%
£1,500,000+ 12%
Total

Results:

Stamp Duty to pay:
Effective Rate:
%

How the Stamp Duty is calculated

Tax band Taxable amount Tax rate Stamp duty
0 - £500,000 0%
£500,000 - £925,000 5%
£925,000 - £1,500,000 10%
£1,500,000+ 12%
Total

Results:

Stamp Duty to pay:
Effective Rate:
%

How the Stamp Duty is calculated

Tax band Taxable amount Tax rate Stamp duty
0 - £500,000 3%
£500,000 - £925,000 8%
£925,000 - £1,500,000 13%
£1,500,000+ 15%
Total

Results:

Stamp Duty to pay:
Effective Rate:
%

How the Stamp Duty is calculated

Tax band Taxable amount Tax rate Stamp duty
0 - £500,000 3%
£500,000 - £925,000 8%
£925,000 - £1,500,000 13%
£1,500,000+ 15%
Total

Results:

Stamp Duty to pay:
Effective Rate:
%

How the Stamp Duty is calculated

Tax band Taxable amount Tax rate Stamp duty
0 - £500,000 3%
Total

Results:

Stamp Duty to pay:
Effective Rate:
%

How the Stamp Duty is calculated

Tax band Taxable amount Tax rate Stamp duty
£500,000+ 15%
Total
*Additional Property: The additional property rates apply where after the purchase of a residential property (for £40,000 or more) it is not the only residential property you own (or part own) anywhere in the world, and you have not sold or given away your previous main home. This rule applies to you and your spouse or any other joint owner. If you sell or give away your main home withing 3 years of buying your new home you can apply for a refund of the higher SDLT part of the stamp duty charge (3%).

Note for Non UK Buyers: An additional 2% stamp duty will be payable for any property completing after 1 April 2021 for Non UK Buyers if contracts were not exchanged prior to 11 March 2020.

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