Stamp Duty Calculator
Calculate the amount of Stamp Duty Land Tax (SDLT) due on a property purchase.
You will need to know the following details to calculate the amount of stamp duty due:
- Purchase price
- Completion date
- If the property is leasehold or freehold
- If the property is residential or commercial
Use this property tax calculator service to calculate the amount of Stamp Duty due when purchasing property or land in England or Northern Ireland.
Stamp Duty is paid when you buy property or land in England or Northern Ireland
There are different rules when buying a property in Scotland or Wales.
There are also different rates for:
- First time buyers
- Non UK residents
- Residential and commercial property
- Leasehold properties in some cases
Calculating the amount of Stamp Duty due
You can use the Stamp Duty Calculator service to work out how much Stamp Duty Land Tax (SDLT) will be due on completion of a purchase.
Although the property tax calculator is updated regularly, you should always confirm the amount of Stamp Duty due with your legal advisor before committing to a purchase.
This is especially true for Non-UK residents, commercial property and leasehold properties - all of which can have more complicated rules surrounding the rates involved.
Calculating Stamp Duty on a Shared Ownership Property
You can choose to pay stamp duty on a shared ownership property in stages or make a one off payment (Market value election).
Making a one of payment (Market value election)
When you choose to make a one off payment, you'll calculate the stamp duty based on the full market value of the property at the time of purchase, not just your share.
If you choose to make a one off payment, you won't need to pay any further stamp duty payments when you purchase a bigger share of the property.
You can use our stamp duty calculator to work out the amount of stamp duty due when making a one off payment.
Paying stamp duty in stages
Your first stamp duty payment is calculated on the price of the lease. If the price you pay is below the threshold, there will be no stamp duty due at this stage.
You may have to pay more stamp duty if the total rent you pay is over the threshold.
You can use the HMRC stamp duty calculator to calculate the amount of stamp duty you will need to pay.
Frequently Asked Questions
What is Stamp Duty?
Stamp Duty, or Stamp Duty Land Tax (SDLT) is a tax on the purchase of a property or land.
Stamp Duty is paid whenever you purchase a freehold or leasehold property, use a shared ownership scheme or receive a transfer of property in exchange for payment.
There are different thresholds for Stamp Duty, with lower rates for first time buyers and properties worth less than £125,000.
How much stamp duty will I pay?
Enter the purchase price, completion date, and confirm some details about the property purchase in our stamp duty calculator to work out how much stamp duty you will need to pay.
Do first time buyers pay Stamp Duty?
First time buyers get relief and pay less stamp duty if the property price is below £500,000.
For properties priced under £300,000, first time buyers won't pay any stamp duty.
Discounts for first time buyers only apply if all buyers have never previously owned a property. If any of the buyers have previously owned a property, there is no discount on the amount of Stamp Duty due.
How much stamp duty do I pay on a second home?
There are higher rates for stamp duty if you will own more than one residential property after your purchase.
You'll currently have to pay 3% extra on top of the current Stamp Duty rates.
You may not need to pay the additional 3% Stamp Duty rate if you are replacing your main residence. If you haven't sold your main residence by the completion date of your new purchase, you will need to pay the higher rates.
You can apply for a refund if you sell your main residence within 3 years. You may also be able to claim a refund if the sale takes longer than 3 years, providing that the delay was due to something beyond your control.
Do you pay stamp duty on a shared ownership property?
You will need to pay stamp duty if you use a shared ownership scheme.
You can choose to make a one off payment based on the market value of the property, or pay in stages.
By making a one off payment, you won't need to pay any further stamp duty if you buy a bigger share of your property.
If you choose to pay in stages, you may need to pay more stamp duty if you purchase more than 80% of the property.
Do you pay stamp duty on commercial property?
Stamp Duty is paid on non-residential land or property, but there are different rates that apply.
You can use the Stamp Duty Calculator to work out the amount of SDLT due on a non-residential property purchase.
Stamp Duty needs to be paid when purchasing shops, offices, forests, agricultural land or any other type of property that isn't suitable to live on.
How do I calculate the amount of property tax due?
Enter the purchase price and completion date to use the property tax calculator service and see how much stamp duty you will need to pay on completion.
The amount of tax due will also be affected if this isn't the only property you own or if you are a first time buyer.