Stamp Duty & Stamp Duty Land Tax

 

 

2010/11

2009/10

Stocks and marketable securities

0.50%

0.50%

Rounded up to the nearest multiple of £5.00

 

On land transactions

Rounded down to the £1 below

Residential:

 

 

£125,000* or less

NIL

NIL

£125,001** to £250,000

1%

1%

£250,001 to £500,000

3%

3%

£500,000+

4%

4%

 

Non-residential:

£150,000 or less

NIL

NIL

£150,001 to £250,000

1%

1%

£250,001 to £500,000

3%

3%

£500,000+

4%

4%

 

 

 

* £150,000 in designated disadvantaged areas.

** First time buyers no Stamp Duty Land Tax on transactions up to £250,000 between 25/03/10 - 25/03/12.

 

 

 

On lease rentals

 

 

 

 

 

Residential:

 

 

£125,000 or less

NIL

NIL

£125,000+

1%

1%

 

 

 

Non-residential:

 

 

£150,000 or less

NIL

NIL

£150,000+

1%

1%

 

 

 

Lease premium rates are as for land transactions except the nil band only applies if rent is less than £600 per annum.


 

© 2012 PJT & Co   |   Accountancy House, 90 Walworth Road, London, SE1 6SW   |   Tel: 020 7703 7594

PJT & Co is the trading name of Parekh Jasani Tobias & Co Limited
Registered in England No. 4100170 VAT Registration No: 766 604 802
Registered Office: Accountancy House, 90 Walworth Road, London SE1 6SW
Registered to carry out audit work in the UK by the Association of Chartered Certified Accountants
Regulated for a range of investment business activities by the Association of Chartered Certified Accountants
Designed by CK Creative