Stamp duty on a £200,000 property for additional-property buyers, compared
At £200,000, Wales is cheapest at £10,700 and Scotland is priciest at £17,100.
England & Northern Ireland
SDLT on a £200,000 residential property in England & Northern Ireland for a additional-property buyer is £11,500.
| Band | Taxable amount | Rate | Charge |
|---|---|---|---|
| Up to £125,000 | £125,000 | 0% | £0 |
| £125,001 – £250,000 | £75,000 | 2% | £1,500 |
- Additional-property surcharge (5%): £10,000
- If you sell a previous main residence within 36 months of this purchase, you may be able to reclaim the additional-property charge.
- You must file and pay within 14 days of completion.
Scotland
LBTT on a £200,000 residential property in Scotland for a additional-property buyer is £17,100.
| Band | Taxable amount | Rate | Charge |
|---|---|---|---|
| Up to £145,000 | £145,000 | 0% | £0 |
| £145,001 – £250,000 | £55,000 | 2% | £1,100 |
- Additional Dwelling Supplement (8%): £16,000
- If you sell a previous main residence within 36 months of this purchase, you may be able to reclaim the additional-property charge.
- You must file and pay within 30 days of completion.
Wales
LTT on a £200,000 residential property in Wales for a additional-property buyer is £10,700.
| Band | Taxable amount | Rate | Charge |
|---|---|---|---|
| Up to £180,000 | £180,000 | 5% | £9,000 |
| £180,001 – £250,000 | £20,000 | 8.5% | £1,700 |
- If you sell a previous main residence within 36 months of this purchase, you may be able to reclaim the additional-property charge.
- You must file and pay within 30 days of completion.
Scotland costs £6,400 more than Wales here. Scotland has a 2% marginal rate above £145,000, plus additional dwelling supplement of 8%, while Wales has an 8.5% marginal rate above £180,000.
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