UK Stamp Duty Calculator 2023/24
Calculate SDLT with 2023 rates (including £250k nil-rate band)
Generated for: etaxing.com — UK Stamp Duty Calculator (2023/24)
Sources: GOV.UK (2023 rates)
🏠 Property Information
👤 Buyer Information
💵 Tax Summary
Enter property details and calculate
Detailed Calculation Breakdown
2023/24 Stamp Duty Rates (England & NI)
Residential Rates
- • 0% up to £250,000
- • 5% on £250,001 - £925,000
- • 10% on £925,001 - £1.5m
- • 12% above £1.5m
First-time Buyers
- • 0% up to £425,000
- • 5% on £425,001 - £625,000
- • No relief above £625,000
Other Rates
- • Additional property surcharge: +3% on entire price
- • Corporate buyers: 15-17% rates may apply
Understanding UK Property Transaction Taxes
🏠 First-time Buyer Relief
Special rates for eligible first-time buyers (2023/24):
- 0% on first £425,000 (England & NI)
- 5% on £425,001 to £625,000
- Must be purchasing first residential property
- Property value must not exceed £625,000
🏘️ Additional Property Surcharge
Higher rates for second homes and buy-to-let:
- Additional 3% on all rate bands (England & NI)
- Applies to second homes and rental properties
- May be refunded if main residence sold within 3 years
📅 Filing Requirements
England & Northern Ireland: SDLT return due within 14 days of completion
Scotland: LBTT return due within 30 days of completion
Wales: LTT return due within 30 days of completion
🏢 Corporate Buyers
Special rules for company purchases:
- Higher rates may apply for residential properties
- 15% flat rate on properties over £500,000 (enveloping)
- Different rules for non-natural persons
Disclaimer: This calculator provides estimates for educational purposes only. Actual stamp duty liability may vary based on your complete circumstances.