The stamp duty rates and tax bands
SDLT rate | |
Up to £150,000 | 0% |
£150,001 to £250,000 | 2% |
Above £250,000 | 5% |
How to calculate SDLT for non-domestic properties in England, worked example:
If a property is bought for £2,000,000, the SDLT paid is as follows:
- No SDLT is paid on first £150,000
- from £150,001 to £250,000 SDLT is 2% = £2000
- above £250,000 SDLT is 5% = (£2,000,000 - £250,000) x 5% = £87,500
- total SDLT = £89,500
This calculator shows the net yield after taking account of acquistion costs at 1% for agents, 0.5% for lawyers fees and the SDLT.