• Introduction
• Income Tax
• Capital Gains Tax
• Corporation Tax
• Capital Allowances
• Value Added Tax
• Inheritance Tax
• Vehicle Benefits
• Mileage Allowances
• National Insurance Contributions
• Key Dates & Deadlines
• Pension Premiums and Withdrawals
• Charitable Giving
• Tax-Free Savings and Investments
• Some Useful Rates
• Stamp Taxes
• Land and Buildings Transaction Tax

Stamp Taxes

The rate of stamp duty / stamp duty reserve tax on the transfer of shares and securities is generally payable at 0.5%.

Stamp Duty Land Tax (SDLT)

On the transfer of property in England, Wales and Northern Ireland, the SDLT is:

	Residential Property
	Sole	Additional
Value up to £40,000	0%	0%
Over £40,000 to £125,000	0%	3%
Over £125,000 - £250,000	2%	5%
Over £250,000 - £925,000	5%	8%
Over £925,000 - £1,500,000	10%	13%
Over £1,500,000	12%	15%
Residential SDLT calculated on the consideration falling within each band. Additional SDLT of 3% may apply to the purchase of additional residential properties from 1 April 2016.

Non-residential
Value up to £150,000	0%
Over £150,000 - £250,000	2%
Over £250,000	5%
From 17 March 2016 the calculation of SDLT on purchase of non-residential property was changed from the whole transaction value to the same basis as residential (consideration falling within each band).

SDLT rates for leasehold rent transactions have also changed, with a new 2% rate on leases with a net present value (NPV) over £5 million.