What is Stamp Duty Land Tax?

Conveyancing FAQs

Stamp Duty Land Tax (SDLT) is a tax 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.

SDLT rates and thresholds

Purchase price
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%
Over £1 million
5%
Over £2 million
7%
Over £2 million*
15%

*purchased by certain persons including corporate entities.


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