Stamp Duty and Land Tax
You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England, Wales and Northern Ireland. The current SDLT threshold is £125,000 for residential properties and £150,000 for non-residential land and properties. You must send an SDLT return to HMRC and pay the tax within 30 days of completion. If you have a solicitor or agent they’ll usually file your return and pay the tax on your behalf on the day of completion and add the amount to their fees. To Calculate your SDLT, please us our Stamp Duty Calculator on our home page.