Stamp Duty Calculator

The amount of stamp duty you’ll have to pay depends on a range of factors.

Use our simple calculator to work out how much you’ll owe, depending on the home you’re buying and your circumstances.

What is stamp duty?

Stamp duty land tax (SDLT) is a tax that you may need to pay when you buy a property in England or Northern Ireland. In Scotland there’s a similar tax called land and buildings transaction tax and in Wales it’s called transaction tax.

If you’re buying a residential property, the amount of stamp duty you owe depends on the price you pay for the property and if you’re completing a purchase:

  • between 8 July and 31 March
  • to use as a main home or a second property
Stamp duty rates for 2020/2021

Under the current system in England and Northern Ireland, stamp duty is tiered. This means you pay different rates of stamp duty on different portions of the overall purchase price.

On 8 July, a stamp duty holiday was introduced temporarily increasing the stamp duty threshold to £500,000 for property sales in England and Northern Ireland, until 31 March 2021. Second home buyers also receive the discount but will still have to pay the extra 3% of stamp duty they were charged under the previous rules.

The stamp duty tiers are:
Infographic - Stamp duty tax tiers compared with additional property rates
The stamp duty tiers are:
Infographic - Stamp duty tax tiers compared with additional property rates
Stamp duty rate Additional property rate*

*Properties under £40,000 are not subject to the additional stamp duty land tax (SDLT) rates

How much will I save?
As an example, if you buy your next property for £350,000 between 8 July and 31 March to be used as your main home, you will save this much on stamp duty:

Property price:
£350,000

Portion 1
(£0-£125,000)
0% tax so stamp duty =
£0

Portion 2
(£125,000.01-£250,000)
0% tax so stamp duty =
£0
Previously 2% so stamp duty saved =
£2,500

Portion 3
(£250,000.01-£350,000)
0% tax so stamp duty =
£0
Previously 5% so stamp duty saved =
£5,000

Total stamp duty saved = £0 + £2,500 + £5,000 = £7,500

Use our stamp duty calculator to see how much stamp duty you'll need to pay.

Stamp Duty Calculator

In Scotland and Wales?

In Scotland and Wales, the systems are slightly different. Instead of stamp duty, Scotland has land and buildings transaction tax. It’s a lump-sum tax that’s very similar to stamp duty but the tiers and additional property rates are different. Transaction tax rates in Scotland from July 15 until March 31 are as follows:
Infographic - Land and buildings transaction tax tiers compared with additional property rates
In Scotland and Wales, the systems are slightly different. Instead of stamp duty, Scotland has land and buildings transaction tax. It’s a lump-sum tax that’s very similar to stamp duty but the tiers and additional property rates are different. Transaction tax rates in Scotland from July 15 until March 31 are as follows:
Infographic - Land and buildings transaction tax tiers compared with additional property rates
Land and buildings transaction tax rate Additional property rate*

* Properties under £40,000 are not subject to the additional land and buildings transaction rates

In Wales, it’s called land transaction tax and, again, is very similar to stamp duty but with different tiers and rates. Land transaction tax rates in Wales from July 27 until March 31 are as follows:

 

Infographic - Land traction tax tiers compared with additional property rates
In Wales, it’s called land transaction tax and, again, is very similar to stamp duty but with different tiers and rates. Land transaction tax rates in Wales from July 27 until March 31 are as follows:
Infographic - Land traction tax tiers compared with additional property rates
Land transaction tax rate Additional property rate*

* Properties under £40,000 are not subject to the additional land transaction tax rates

Use our stamp duty calculator to see how much stamp duty you'll need to pay.

Stamp Duty Calculator