Stamp duty on a £300,000 property for home movers, compared
At £300,000, Wales is cheapest at £4,500 and England & Northern Ireland is priciest at £5,000.
England & Northern Ireland
SDLT on a £300,000 residential property in England & Northern Ireland for a home mover is £5,000.
| Band | Taxable amount | Rate | Charge |
|---|---|---|---|
| Up to £125,000 | £125,000 | 0% | £0 |
| £125,001 – £250,000 | £125,000 | 2% | £2,500 |
| £250,001 – £925,000 | £50,000 | 5% | £2,500 |
- You must file and pay within 14 days of completion.
Scotland
LBTT on a £300,000 residential property in Scotland for a home mover is £4,600.
| Band | Taxable amount | Rate | Charge |
|---|---|---|---|
| Up to £145,000 | £145,000 | 0% | £0 |
| £145,001 – £250,000 | £105,000 | 2% | £2,100 |
| £250,001 – £325,000 | £50,000 | 5% | £2,500 |
- You must file and pay within 30 days of completion.
Wales
LTT on a £300,000 residential property in Wales for a home mover is £4,500.
| Band | Taxable amount | Rate | Charge |
|---|---|---|---|
| Up to £225,000 | £225,000 | 0% | £0 |
| £225,001 – £400,000 | £75,000 | 6% | £4,500 |
- You must file and pay within 30 days of completion.
England & Northern Ireland costs £500 more than Wales here. England & Northern Ireland has a 5% marginal rate above £250,000, while Wales has a 6% marginal rate above £225,000.
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