Our stamp duty calculator can give you an estimate on how much stamp duty tax you will be paying. When acquiring a home or land in England or Northern Ireland, Stamp Duty Land Tax (SDLT) will be charged if the purchase price exceeds £250,000.

The rates for Stamp Duty, as outlined in the mini-budget dated 23rd September 2022, will be consistent through to the 31st of March, 2025.

Your SDLT liability is determined by the Stamp Duty bands, with the tax computed on the property price segments that fall within each band.

Our SDLT calculator provides you with an estimate of the tax payable. It computes your Stamp Duty, regardless of whether you are a first-time homeowner, relocating, or investing in additional property.

What is Stamp Duty? - Stamp Duty Calculator

Stamp Duty Land Tax (SDLT) is a tax potentially levied when purchasing a property in England or Northern Ireland, but it only applies if the cost of the house exceeds a certain amount.

SDLT is charged on residential properties priced over £250,000, unless you're eligible for the first-time buyer's relief.

Qualifying first-time buyers aren't subject to Stamp Duty for properties valued up to £425,000, and they can enjoy a reduced rate for properties costing up to £625,000.

In Scotland, you would be required to pay Land and Buildings Transaction Tax (LBTT), and in Wales, the Land Transaction Tax (LTT) is applicable, replacing the Stamp Duty.

When is Stamp Duty paid?

An SDLT return must be submitted, and any due tax paid, within a 14-day period. Failure to comply with this timeframe could result in the HMRC imposing penalties and interest charges.

How much Stamp Duty will I pay?

Stamp Duty is structured around various rate bands, with the tax determined by the segment of the property's purchase price that falls within each band. For primary residences valued at over £250,000, Stamp Duty is payable, except for first-time buyers.

The applicable Stamp Duty rate varies depending on the location of the property in the UK. England and Northern Ireland share identical rates, while Scotland and Wales apply distinct rates.

Ready to sell your house?

Looking to sell your property? The At The Place sales team are specialist real estate agents operating across Manchester and the North of England, and are here to assist you every step of the way.

From determining the value of your home to marketing it professionally and negotiating with prospective buyers, we're ideally positioned to make the process stress-free for you. Our team of experienced estate agents in Manchester is readily available throughout the journey.

One of the complexities of the sales process is comprehending the legal progression of the sale and knowing the next steps. Our knowledgeable administrators will guide you through each stage, answering any queries you might have. Rest assured, we impose no limit on the number of questions you're welcome to ask.