Stamp Duty Calculator

The Hurford Salvi Carr Stamp Duty Calculator

Stamp Calculator test

How much stamp duty will you have to pay when buying a property in 2016?

Find out who and when to pay as well as how much you'll need to set aside to complete a property transaction.

Calculate Your Stamp Duty

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Stamp Duty To Pay

Effective Rate

How the calulator works

Tax Band % Taxable Sum TAX

Residential Stamp Duty FAQs



Do I have to pay Stamp Duty Land Tax (SDLT)?

If you are purchasing a property over £125,000 in England, Wales or Northern Ireland, you will have to pay SDLT.

SDLT is payable when you:

·         Buy a freehold property

·         Buy a new or existing leasehold property

·         Buy a property through a Shared Ownership or Help to Buy scheme

·         Transfer a property in exchange for payment 

 

When is stamp duty payable?

Stamp duty is payable within 30 days of completion, and typically requested by your solicitor and paid direct to HMRC.

 

SDLT for second homes:

From 1st April 2016 all purchases additional to your main residence will be subject to an extra 3% Stamp Duty.

You may be able to claim a refund if you sell your main residence within 36 months.

 

Special rates:

Different SDLT rates and calculations will apply for:

·         Corporate bodies

·         When you purchase 6 properties or more

·         Shared ownership properties

·         Multiple purchases or transfers

·         Companies and Trusts

 

For more information on the above we suggest you visit the .GOV website here