Tax Rates 2014/15

Stamp Duty Land Tax and Stamp Duty

Rates on sales: % of Total Consideration
Land and Buildings Residential Non-residential
Nil if consideration up to £125,000 £150,000
Threshold - £250,000 1% 1%
£250,001 - £500,000 3% 3%
£500,001 - £1,000,000 *4% 4%
£1,000,001 - £2,000,000 *5% 4%
Over £2,000,000 *7% 4%
*15% on transfer to 'non-natural person' e.g. a company
Shares (nil if consideration up to £1,000) 0.5%