25
Jun
Current Stamp duty charges 2019
first-time buyers pay no stamp duty on the
first £300,000 for property purchases up to £500,000. You
pay no tax up to £300,000 and 5% on the portion from
£300,001 to £500,000. If the property exceeds
£500,000, then the standard rates apply.
Rate Charge Band
0% Up to £125,000
First-time buyers: first £300,000 for property up to
£500,000
2% Over £125,000 to
£250,000
5% Over £250,000 to £925,000
10% Over £925,000 to
£1,500,000
12% Over £1,500,000