Home
Menu

STAMP DUTY GUIDE

Handy SDLT guide Date online: 04/03/2016

Time is ticking away and solicitors are already inundated with buyers wanting to complete before the proposed proposed rise in SDLT on April 1st 2016. The full anouncment will be made during the budget speech by the Chancellor on March 16th 2016 and there are already rumours concerning the 'excemptions', such as the number of properties you have to own before not having to pay, and the time limit to claim the tax back should you sell the '2nd property'. 

 

Here is a guide to the extra it could cost should the plans come into force-

 

 

                                                  Pre-April 1st             Post April 1st

£40,000                                            Nil                              Nil

£50,000                                            Nil                            £1500

£60,000                                            Nil                            £1800

£70,000                                            Nil                            £2100

£80,000                                            Nil                            £2400

£90,000                                            Nil                            £2700

£100,000                                          Nil                            £3000

£125,000                                          Nil                            £3750

£140,000                                        £300                           £4500

£150,000                                        £500                           £5000

£160,000                                        £700                           £5500

£170,000                                        £900                           £6000

£180,000                                        £1100                          £6500

£190,000                                        £1300                          £7000

£200,000                                        £1500                          £7500

£250,000                                        £2500                          £10,000

£300,000                                        £5000                          £14,000

SHARE THIS

« Back to Article List

WHY TRUST BOOCOCKS?

Why trust boocock image

Boococks Estate Agents & Lettings are devoted to providing the highest possible customer care whether you are looking to buy a property, sell a property or looking to rent a property.