The rate of stamp duty / stamp duty reserve tax on the transfer of shares and securities is generally payable at 0.5%.
On the transfer of property in England, Wales and Northern Ireland, the SDLT is:
|Value up to £125,000||0%|
|Over £125,000 – £250,000||2%|
|Over £250,000 - £925,000||5%|
|Over £925,000 - £1,500,000||10%|
|In most cases these rates also apply to property lease purchases but an additional 1% is due on new leases where the net present value (NPV) of rent is more than £125,000.
The purchase of additional residential properties may result in 3% being added to each of the above rates.
|Value up to £150,000||0%|
|Over £150,000 - £250,000||2%|
|In most cases these rates also apply to property lease purchases but an additional 1% is due on new leases with a NPV of more than £150,000 and this rises to 2% on leases with an NPV greater than £5m.|