stamp duty & stamp duty land tax

stamp taxes

Stamp Duty 0.5% on agreements to transfer shares.
Stamp Duty Reserve Tax 1.5% on shares transferred to depositary receipt schemes.

stamp duty land tax

Rate Rate bands for purchases in 2017/18 and after
Residential Non-Residential
0% £0 – 125,000 £0 – 150,000
2% £125,001 – 250,000 £150,000 – 250,000
5% £250,001 – 925,000 £250,000 +
10% £925,001 – 1,500,000
12% Over £1,500,000

Stamp duty paid at the relevant rate for each band.

Additional 3% charged on purchase of additional residential property.

Companies pay 15% on purchases of residential property values at over £500,000.

No stamp duty on first £300,000 for first time buyers if total property value under £500,000.

leases

Rate Net present value of rent
Residential Non-Residential
0% Up to £125,000 £0 – 150,000
1% Excess over £125,000 £150,001 – 5,000,000
2% 5,000,001 +

annual tax on enveloped dwellings (ated)

Valuation of property Charges for year ending 31/3/19
£
Charges for year ending 31/3/18
£
£500,000 to £1,000,000 3,600 3,500
£1,000,001 to £2,000,000 7,250 7,050
£2,000,001 to £5,000,000 24,250 23,350
£5,000,001 to £10,000,000 56,550 54,950
£10,000,001 to £20,000,000 113,400 110,100
Over £20,000,000 226,950 220,350
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finding us

Southend Office
453 Southchurch Road,
Southend-on-Sea, Essex, SS1 2PH
Tel: 01702 667 315 | Fax: 01702 442 180

Billericay Office
Unit 28, Barleylands,
Barleylands Road, Billericay, Essex, CM11 2UD
Tel: 01277 886 598