Stamp Duty Land Tax: temporary reduced rates comes to and end on 31st March 2021.

A shopping cart with a red tag that says stamp duty holiday
Reduced rates of Stamp Duty Land Tax (SDLT) will apply for residential properties purchased from 8 July 2020 until 31 March 2021 inclusive.

Property or lease premium or transfer value SDLT rate

Up to £500,000 Zero

The next £425,000 (the portion from £500,001 to £925,000) 5%

The next £575,000 (the portion from £925,001 to £1.5 million) 10%

The remaining amount (the portion above £1.5 million)

For more information regarding the current Stamp Duty Holiday please visit the Government website, please click here to read the full article.
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