Rates of SDLT
Rates of SDLT

The following Tax guidance note provides comprehensive and up to date legal information covering:

  • Rates of SDLT
  • Rates of SDLT—general
  • Rates of SDLT—rent
  • Practical application of SDLT rates

FORTHCOMING CHANGE relating to non-residents buying residential property: Following an announcement at Budget 2018, the government has consulted on introducing an SDLT tax surcharge of 1% for non-residents buying residential property. The consultation closed on 6 May 2019. For more detail, see News Analysis: Reforming SDLT—the government consults on a non-UK resident surcharge.

This Practice Note considers the various rates of stamp duty land tax (SDLT), including rates of SDLT applicable on transactions involving rent. For general information on when SDLT is applicable, see Practice Note: Land transactions, chargeable interests and chargeable transactions.

SDLT ceased to apply to any land transaction involving any interests in or over land in Scotland from 1 April 2015. From that date, land and buildings transaction tax (LBTT) applies to such transactions, subject to transitional provisions. Consequently, references in this Practice Note to 'UK land' or similar expressions in the context of the application of SDLT should be read to exclude any interests in or over land in Scotland from 1 April 2015. For further details, see the LBTT subtopic.

SDLT ceased to apply to any land transaction involving any interest in or over land in Wales from 1 April 2018. From that date, land transaction tax (LTT) applies to such transactions, subject to transitional provisions. Consequently, references in this Practice Note to 'UK land' or similar expressions