Higher stamp duty flowchart


Do you have to pay Higher Stamp Duty Land Tax?

From 1st April 2016, purchasers of second properties valued at over £40,000 will be required to pay an extra 3% in stamp duty land tax. Will you come into the scope of this scheme?

Use our interactive flowchart to find out.

How many properties will you own at the end the day of the transaction?

  

One
Two or more

The transaction is not subject to the higher rates regardless of what the property is used for
Please check your personal position with your solicitor as this flowchart is intended as a general guide only
calculate your SDLT here

Is the property being purchased replacing your main residence which is being sold?

Yes
Yes but the main residence has not yet been sold
No

The transaction is not subject to the higher rates
Please check your personal position with your solicitor as this flowchart is intended as a general guide only
calculate your SDLT here

The transaction is subject to the higher rates
A refund is available if the previous main residence is sold within 3 years
Please check your personal position with your solicitor as this flowchart is intended as a general guide only
calculate your SDLT here

The transaction is subject to the higher rates
Please check your personal position with your solicitor as this flowchart is intended as a general guide only
calculate your SDLT here

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